Music streaming platform Spotify Technology is planning to roll out a extra premium subscription possibility that’s anticipated to incorporate high-fidelity audio, Bloomberg News reported on Tuesday, citing folks accustomed to the matter.
The new tier, known as “Supremium” internally, would be the firm’s costliest plan and can launch this yr in non-US markets first, in keeping with the report.
To bolster its present premium tier, Spotify will give subscribers expanded entry to audiobooks, both via a particular variety of hours free monthly or a particular variety of titles, Bloomberg reported.
The firm plans to introduce that characteristic within the United States in October, after first launching in markets overseas, the report added.
In the United States, the corporate’s premium account for people is priced at $9.99 monthly, whereas a household account with six customers is at $15.99 a month.
Spotify, which competes with rival providers from Apple and Amazon.com, has been attempting to develop its variety of paying subscribers by rolling out a spread of audio-focused providers such because the HiFi characteristic, which upgrades the sound high quality of the songs to “lossless” CD-quality music.
Source: www.anews.com.tr
