An anonymous reader share a report: Spotify is going hi-fi. Well, “HiFi.” It’s taken longer than competitors like Tidal and Amazon Music, but today, the leading subscription music service announced a new lossless streaming tier that will allow listeners to get the most from their digital music library. The news came at the company’s Spotify “Stream On” virtual event. Spotify HiFi will be available later this year and “will deliver music in CD-quality, lossless audio format to your device and Spotify Connect-enabled speakers, which means fans will be able to experience more depth and clarity while enjoying their favorite tracks.” Spotify has done small tests of higher-quality streaming in the past, but now it’s going to launch the feature more widely — with the caveat that it’ll be available only “in select markets.” Pricing is yet to be announced. Higher-quality streaming has apparently been among the top requests from its customers; as it stands today, Spotify tops out at 320kbps audio.

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