Summary:
- Spotify is reportedly planning to launch a new "Spotify HiFi" premium tier in 2023, which will offer lossless audio streaming.
- The new tier is expected to be priced higher than Spotify's current Premium plan, providing users with access to higher-quality audio.
- This move aligns with Spotify's efforts to enhance its audio offering and compete with other streaming services that already offer lossless audio, such as Amazon Music and Apple Music.