I’m not allowed to comment on our label agreements, nor on what other players in the industry did, for obvious reasons,” Söderström said.Īccording to The Verge, Spotify HiFi has been “ready to go for more than a year,” and the company has already made the work to make its entire music catalog available in lossless quality. “We want to do it in a way where it works for us from a cost perspective as well. The exec didn’t explicitly say which industry changes he was referring to, but he emphasized that cost was an important issue. The industry changed and we had to adapt.” “We are going to do it, but we’re going to do it in a way where it makes sense for us and for our listeners. “We announced it, but then the industry changed for a bunch of reasons,” Söderström told The Verge. In an interview with The Verge, Spotify co-president Gustav Söderström hinted that it may not make sense for the company to offer better audio quality at a premium while the competition already does so at additional cost. Spotify’s HiFi tier is still nowhere to be seen after the company announced it two years ago, and we finally know why.

Spotify hifi