Announced in 2021, Spotify is continuously working on a superior HiFi quality for its library of songs. Here's what we know so far.
‘s Ashley Carman, the streaming service company is readying a “Supremium” subscription tier in an effort to drive more revenue.
This feature is expected to hit the US market by October and then launch in other markets. Currently, users can only buy audiobooks a la carte through its app. At the moment, a Spotify spokesperson declined to comment. In the first quarter of the year, Spotify had 515 million monthly active users, with Premium subscribers at 210 million – beating market expectations. Unlike Apple and Amazon, which don’t have streaming services as their main core business, companies like Spotify and Netflix suffer to drive revenue, and their customers are more sensitive about price increases.
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