Spotify CEO Hints HiFi Tier Delay Is Related To Licensing Issues

Advertisements

Spotify CEO Daniel Ek has intimated that the HiFi membership tier’s postponement is due to licensing difficulties. During Spotify’s annual and quarterly results call with investors and analysts on Wednesday, Ek claimed that the firm does not have anything to say about this objectives for the HiFi subscription, but that talks are progressing.

With response to a particular inquiry on Spotify’s inability to deliver the HiFi quality service, Ek just gave a hazy comment before proceeding forward.

“Many of the things we discuss, particularly those that are linked to music, end up in licensing,” Ek told investors. “I can’t exactly say anything particular about except to say that we’re in continual communication with them.”

Spotify CEO Daniel Ek has intimated that the HiFi membership tier’s postponement is due to licensing difficulties. During Spotify’s annual and quarterly results call with investors and analysts on Wednesday, Ek claimed that the firm does not have anything to say about this objectives for the HiFi subscription, but that talks are progressing.

With response to a particular inquiry on Spotify’s inability to deliver the HiFi quality service, Ek just gave a hazy comment before proceeding forward.

“Many of the things we discuss, particularly those that are linked to music, end up in licensing,” Ek told investors. “I can’t exactly say anything particular about except to say that we’re in continual communication with them.”

Spotify revealed plans to introduce the modern digital monthly subscription in February. Spotify HiFi, according to the business, will come in 2021 and provide Spotify Premium users the chance of listening to music in “CD-quality, flawless audio format.” Spotify also stated that the HiFi option will be compatible with a variety of gadgets, like Spotify Connect-enabled speakers. The firm did not disclose any other specifics, like prices or even which regions will be supported by the new membership. However, the feature would be available as a Premium “add-on,” costing more than the standard Premium membership. Adapting to the new landscape might have made this idea more difficult.

Also Read:  Skyline Robotics Secures $6.5M in Pre-Series A Funding Ahead of First Customer Deployment of Ozmo Window-Cleaning Robot in New York City

Ek’s remarks on the delayed functionality are similar to those made by a Spotify spokesperson on the company’s website.

“We understand how essential HiFi top notch audio is to you,” the comment adds. “We agree, and we’re looking forward to providing a Spotify HiFi service to Premium subscribers in the long term.” However, we do not currently have any timing information to provide. Of course, we’ll keep you updated here as soon as we can.”

Spotify’s lossless membership tier has been rumored since 2017, when it was disclosed that the streaming platform was considering launching a new premium option named Spotify Hi-Fi. It was speculated at the time that the service would mean an extra $5-$10 per month.

Spotify’s HiFi premium will coincide with the rollout of elevated streaming sites for Services Such as spotify and Amazon Music subscribers.

Apple included uncompressed audio streams and spatial audio with Dolby Atmos compatibility to its Apple Bundle package for free in June. Lossless audio is supported across Apple Music’s complete collection of 75 million songs. The lossless tier starts with CD quality (16 bit, 44.1 kHz) and progresses to 24 bit, 48 kHz. High-resolution lossless, which extends up to 24 bit at 192 kHz, is also available for audiophiles.

In 2019, Amazon introduced its Amazon Music HD membership tier, which includes lossless audio streaming for an extra $5 per month. Amazon Music HD was made accessible to all qualifying Amazon Music Unlimited subscribers at no additional cost in May.

Amazon HD plays music with a sampling rate of 44.1kHz and a bit depth of 16 bits (around CD-quality). Some tracks are available in Uhd (24-bit), at sampling rates up to 192kHz (or better than CD quality).

Also Read:  Is Twitter Sold To Elon Musk?

The introduction of elevated broadcasting is perceived as a response to the challenge posed by Tidal, a streaming music service that caters to audiophiles with higher-quality broadcasts. Even though Tidal hasn’t been capable of competing in terms of membership numbers with sector streaming music services, its continuous presence demonstrates that there is a desire for higher-quality music.

In this article, we were able to provide you with top quality information you may need, do let us know your feedback on this article in the comment section below. Also Don’t Forget to Jon our Telegram Group For More Posts and Daily Tips and Free Network Cheats and Applications. Join Our Telegram Channel >>>>Here<<<<

Comments are closed.