Perhaps the company was waiting for bandwidth to be less of a concern (hello, 5G) or maybe they wanted to wait and see how the competition fared with their respective offerings. It's unclear why it took the streaming service provider so long to make an official announcement.

It's been nearly four years since word first got out that Spotify was testing a lossless audio format. Spotify said it was also working with some of the world's largest speaker manufacturers to make HiFi available to as many people as possible through Spotify Connect. Spotify HiFi will deliver music in a CD-quality, lossless audio format to devices and Spotify Connect-enabled speakers. The streaming music giant on Monday during its online ' Stream On' event announced a new subscription offering catering specifically to audio enthusiasts. Spotify has also said that it had planned to give CD-quality listening to some markets in 2021. In recent times, many of Spotify’s competitors have moved to add lossless tiers to their services, providing music in higher quality for those who want more detail. Spotify is finally getting into high-end audio. Spotify says it is still working on higher quality music listening but is unable to say very much more about it. Spotify HiFi will debut later this year as an option for Premium subscribers although unfortunately, not much else is known about the service at this hour. Bottom line: It's taken nearly four years but Spotify is finally getting into the lossless streaming audio game.

Spotify hifi lossless coming