Spotify Readies Premium Tier With Hi-Fi Audio and AI Features

Spotify plans to launch a new premium tier called "Music Pro" later this year. This tier will cost an additional $5.99 per month, potentially varying by region. Music Pro will offer high-quality audio streaming, AI-powered remixing capabilities, and exclusive concert ticket access. Securing rights from music companies is crucial for the launch. The new tier aims to diversify Spotify's revenue and attract dedicated music fans. Spotify hopes to gain millions of subscribers despite the increased cost. The project has been in development for several years, following previous price hikes and audiobook additions. A previous Hi-Fi tier announcement never materialized, leaving Spotify playing catch-up to competitors. The success of Music Pro hinges on offering more than just improved audio quality.