“Many of the features that we talk about and especially that’s related to music ends up into licensing,” Ek told investors. In response to a direct question over Spotify’s failure to bring the HiFi service to the public as promised, Ek only provided a vague answer before moving on. Speaking to analysts and investors during Spotify’s quarterly and annual earnings release on Wednesday, Ek stated that the company doesn’t have much to share about its plans for the HiFi tier, but noted discussions were ongoing. While the survey looks promising, there is no telling when Spotify will actually release the service.Spotify CEO Daniel Ek has hinted that the delay of the streaming service’s HiFi subscription tier is related to licensing issues. Many believed that these moves caused Spotify to pause its plans, indefinitely delaying its HiFi streaming tier. Amazon also later offered lossless support at no extra cost as well. Apple caused quite a stir when it announced that it would be adding lossless and Dolby Atmos support to its Music service at no extra cost. In addition to the Platinum tier, it looks like Spotify also had other bundles on offer, like adding audiobooks to the service, which would again bump up the price. Unfortunately, Spotify doesn't go into detail about all of these extra features, but for $19.99, the service does seem to offer quite a bit. In addition, the plan would include extras like Audio Insights, Headphone Tuner, Library Pro, Playlist Pro, and Studio Sound. Of course, the top-tier offering does have additional perks when compared to the Personal plan, like HiFi audio. The Platinum tier is an option that is currently not available but, according to the survey, could cost $19.99 per month. While the survey mentions the usual plans like Spotify Free and Personal, it also reveals a Platinum tier. The news comes from a user on Reddit that is a former Spotify subscriber, with the survey asking whether the person would switch or rejoin the service based on new plans offered by the service.
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