This is the best summary I could come up with:

Spotify is getting ready to launch a premium add-on that offers access to high-fidelity audio, according to a report from Bloomberg.

The new tier will reportedly cost $5 extra and will also come with tools to help users create playlists and manage music libraries.

A source familiar with Spotify tells Bloomberg that users will be able to add the HiFi audio tier to their existing plans.

Bloomberg reports that the add-on will also give users the ability to generate custom playlists for specific activities, dates, and times of year.

Another report from The Wall Street Journal indicates that Spotify could bundle a remix feature to speed up tracks within the add-on.

In April, a Reddit user spotted a string of code in the app that says “lossless has arrived,” while another Redditor later posted leaked UI elements mentioning lossless quality of up to 2,117kbps and the availability of 24-bit / 44.1kHz for “limited songs” using the FLAC audio format.

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