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  • 4 months ago
Spotify will roll out lossless audio for premium subscribers next month, expanding listening options from Low to Very High and Lossless, according to Bloomberg. Lossless audio will work on phones, desktops, and tablets, but Spotify said the best experience comes over Wi-Fi with wired headphones or non-Bluetooth connections like Spotify Connect. The company is targeting 50 markets, including the US, where some customers already have access. Spotify is enhancing its premium service to convert nonpaying users, who make up over 60% of its 626 million listeners. The company has pursued high-fidelity audio since 2021, a feature already available from Apple and Amazon.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:03Spotify will roll out lossless audio for premium subscribers next month,
00:06expanding listening options from low to very high and lossless, according to Bloomberg.
00:12Lossless audio will work on phones, desktops, and tablets,
00:15but Spotify said the best experience comes over Wi-Fi with
00:17wired headphones or non-Bluetooth connections like Spotify Connect.
00:22The company is targeting 50 markets, including the U.S., where some customers already have access.
00:27Spotify is enhancing its premium service to convert non-paying users,
00:31who make up over 60% of its 626 million listeners.
00:35The company has pursued high-fidelity audio since 2021,
00:39a feature already available from Apple and Amazon.
00:42For all things money, visit Benzinga.com.
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