https://techcrunch.com/2021/02/22/spotify-to-launch-a-new-high-end-subscription-spotify-hifi/

Spotify today announced its plans to roll out a new high-end subscription service, called Spotify HiFi, along with other new features and updates, including a new content deals, and features for creators. The company said Spotify HiFi will launch later this year to Spotify Premium subscribers in select global markets, allowing them to listen to music in “CD-quality, lossless audio format.”

The news was first announced at Spotify’s online event, “Stream On.”