During the company's earnings call, CEO Daniel Ek detailed plans for a deluxe version of Spotify priced around $17-$18, offering higher quality audio and additional undisclosed features.
Spotify aims to cater to music enthusiasts craving more flexibility by introducing a high-end tier, which also includes new playlist creation tools alongside hi-fi audio.
While competitors like Apple Music and Amazon Music have long provided lossless audio for free, Spotify's delayed release of the deluxe tier suggests a focus on delivering substantial value for the additional cost.
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