New Spotify perks could be in the works (Picture: Getty)
How much would you pay for better sound quality and a fancier playlist when listening to music?
Well Spotify is hoping at least $5 a month, or equivalent, according to a Bloomberg source.
The music streaming giant is said to be planning a new, more expensive plan for subscribers who want even more perks to their daily dose of musical escapism.
The plan will cost at least $5 (£3.90) more per month, and offer users better audio alongside more tools for creating playlists.
Users will be given the option to add the upgrade to their existing plans, meaning the total cost may vary. However, the Bloomberg source, who did not want to be named, said it was equivalent to about a 40% increase.
One of the new features said to be included is hi-fidelity audio – something Spotify pledged to roll out in February 2021, but has since postponed.
Millions of people listen to music through Spotify (Picture: Getty/Westend61)
Announcing it at the time, the company said: ‘Artists and fans have told us that sound quality is important to them. We agree, and that’s why today we announced Spotify HiFi.
‘Beginning later this year, Premium subscribers in select markets will be able to upgrade their sound quality to Spotify HiFi and listen to their favorite songs the way artists intended.’
Other features in the works for the ‘Supremium’ plan, as it was previously nicknamed, include new tools for managing song libraries and creating playlists, but little other information has been shared.
Metro.co.uk has contacted Spotify for comment.
The news comes shortly after the company raised the price of its Premium subscription for the second time in a year, affecting millions of users and drawing criticism from many.
Spotify recently increased the cost of some subscriptions
An individual account for new subscribers now costs £11.99, while a Duo account, which allows two users, costs £16.99 a month.
The Student Premium account remains £5.99 a month.
What do you get with Spotify Premium?
Spotify Premium essentially allows you to use Spotify as your own music library.
The Free version lets you listen to albums and playlists on shuffle mode – but generally speaking, you only get six opportunities per hour to skip songs you don’t like.
With Premium, if you’re listening to an album or playlist, you have ‘unlimited skips’ so you can find a song you like.
Premium also offers ad-free listening, with the exception of podcasts, whereas Spotify Free members will have commercials sprinkled among songs.
Spotify Free also doesn’t allow you to download your favourite tracks for offline listening, unlike Premium.