Rumors surrounding a high-fidelity tier on Spotify have been circulating since 2017, with the company even announcing plans to launch such a feature in 2021, only to retract the statement the following year. Now, it appears that Spotify may finally be ready to introduce a high-fidelity plan, internally referred to as “Supremium,” which would become its most expensive tier, according to Bloomberg.
The introduction of a high-fidelity plan aims to generate additional revenue for the streaming giant and address investor demands for price increases. Spotify allegedly postponed the rollout of the plan in 2021 after its major competitors, Apple Music and Amazon Music, began including similar features at no extra charge in their standard plans.
