Spotify is engaged on a costlier ‘Music Professional’ subscription tier that may provide higher-quality audio streaming, together with help for unique options powered by synthetic intelligence (AI), in accordance with a Bloomberg report. The music streaming platform can be mentioned to be in talks with companions to ultimately provide entry to live performance ticket presales as a part of the Spotify Music Professional plan. Rival companies like Tidal and Apple Music already provide entry to lossless audio high quality, and Spotify’s model may arrive later this 12 months.
Spotify Music Professional Subscription Worth, Options (Anticipated)
Citing folks acquainted with the corporate’s plans, Bloomberg experiences that Spotify’s Music Professional tier could be obtainable as much as for $5.99 (roughly Rs. 520) “on high of current subscriptions”. Nevertheless, the costs may fluctuate as the corporate is engaged on buying rights from numerous music labels, in accordance with the report.
Like its current subscription plans, the streaming service can be anticipated to make Music Professional obtainable at cheaper costs in some nations. Within the US, Spotify Premium is priced at $11.99 (roughly Rs. 1,040) a month within the US, whereas a month-to-month subscription in India prices Rs. 119. In the meantime, YouTube Music and Apple Music are at the moment priced at Rs. 99 per 30 days.
There isn’t any point out of a timeline for the launch of the Spotify Music Professional tier, however the firm reportedly plans to roll it out in a phased method. The platform has but to obtain the rights to lossless music tracks from music corporations, in accordance with the publication.
Along with the long-rumoured help for lossless audio, the purported Spotify Music Professional plan would additionally provide entry to AI powered options akin to the flexibility to “combine” songs. It is at the moment unclear whether or not artists and labels will be capable to choose out of getting their music used to create an AI remixed monitor.
Spotify would not be the primary streaming platform to introduce entry to lossless audio high quality — each Apple Music and Tidal provide entry to Hello-Res lossless audio streaming. Spotify subscribers would additionally must pay an extra price to entry the so-called Music Professional tier, whereas lossless streaming is a part of the usual Apple Music and Tidal subscription.
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