Spotify’s more expensive tier has been rumored for years at this point, and yet it’s still not here. However, it will apparently be launching “later this year”, finally.
The information comes from a new Bloomberg report, which also claims Spotify Music Pro will be $6 more expensive than the existing Spotify Premium tier. Music Pro will bring the oft-rumored and much-anticipated higher quality audio, but that won’t be all.
The tier will also offer pre-sale concert tickets and “tools that let subscribers edit songs” as if they were a DJ. You’ll be able to speed up or mash up songs how you like. The new plan will be more basic at first, and will keep adding features over time.
Spotify has apparently already secured rights for the new tier from Universal and Warner, but not Sony (at least not yet). Record label execs allegedly want this new plan to come out, because, if it’s successful, it might inspire Amazon and Apple to go the same route and thus create more revenue for the record labels themselves in the process. In fact, some unnamed “music executives” are said to believe that “Spotify should cost the same as Netflix – close to $20 a month”.