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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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