The Platinum tier of Spotify’s subscription might bundle access to the streaming service’s select catalog of podcasts. And finally, the Premium tier will also let subscribers access Library Pro and Playlist Pro. It’s a long list of exclusive perks, even compared to the service’s paid tier, but Spotify apparently wants to charge a premium for it. Per the screenshot shared on Reddit, Spotify plans to charge $20 per month for the Platinum subscription.
While the idea might sound appealing to a lot of Spotify loyalists who have been waiting for a lossless music listening experience for years, $20 is a lot of money to pay for music streaming service. The value gulf becomes even wider when one considers the fact that Apple Music offers the lossless audio benefit without any extra cost. Plus, Apple also bundles Spatial Audio perk at just $5.99 per month for an individual plan.
Amazon’s own lossless music service became free last year, and aside from High-resolution music, it also offers spatial audio and Dolby Atmos. The company’s Music Unlimited subscription costs $9 per month for Prime subscribers, while the rest pay $10 each month, which is again half of what Spotify plans to ask for its Platinum tier. Plus, both Amazon and Apple command a rich catalog of music, which makes it even harder for Spotify to hawk it lossless music streaming service.
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