Despite having Ads for the majority of their now 500 million subscribers, they just can’t seem to “stream” a profit. If the licensees require higher stream payments, they would have to. So sure, they would want to raise their monthly fees. Spotify already offers some of the lowest payments per stream. Tiny services such as QoBuz are barely hanging in. Tidal is in an amorphous state, having major problems. So far, over the more than two decades that streaming has been around, almost every separate company doing it has failed. But, in an interview with The Verge two months ago, the streaming platform’s co. So Amazon, Apple, Google and possibly Microsoft, if they ever get their act together, will be able to do this. Spotify announced HiFi in 2021 with its roll-out scheduled for later that year. I’ve been saying for several years that the only companies that will be able to offer music streaming on a large scale will be companies that offer it as a service, as additive to their other, much larger businesses. Spotify announced HiFi in 2021 with its roll-out scheduled for later that year. Spotify HiFi rumours have circled for years, but in February 2021 a new tier was officially announced that offered CD-quality music using a lossless compression format.
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