Spotify to Reportedly Introduce High-Fidelity Audio Later This Year
It will be marketed as an add-on for existing customers, obviously at an additional cost
And if you need reminding, when you're giving your money to Spotify, the musicians you're listening to are seeing very little of it! After all, as CEO Daniel Ek declared recently, the "cost of creating content" is "close to zero." The company also announced last month that it would be bundling audiobooks into its subscription plans, which will reportedly qualify the service for royalty discounts and enable them to pay songwriters $150 million less in the first 12 months after implementing the changes.