If the Reddit post is to be believed, Spotify Premium could launch sometime next month with hi-fi streaming support, Studio Sound, a Headphone Tuner utility, Audio Insights, Library Pro, Playlist Pro and limited ad-supported Spotify podcasts. The survey asked them whether they would want to return to Spotify within the next 30 days if they had the option to subscribe to the 'Spotify Platinum' hi-fi audio tier for $19.99 per month. According to the Redditor, they were presented with the questionnaire after they canceled their Spotify subscription and switched over to Apple Music. Redditor u/nearlymind claims to have spotted the mention of Spotify's hi-fi audio plan in a recent survey conducted by the company. Related: Everything You Can Do With This Spotify Playlist Generator The company's eponymous music streaming service is already the largest in the world, with more than 188 million paying subscribers globally as of Q2 2022. However, if one company can compete on even terms against the two tech behemoths, it's Spotify.

Apple and Amazon even provide the high-quality service at no extra charge, meaning new entrants into the space will have their job cut out.

Many of Spotify's competitors offer lossless music streaming, including Apple Music, Amazon Music and Tidal.

Spotify hifi reddit