Spotify to Introduce Spotify HiFi Lossless Streaming and Expand International Footprint

Swedish streaming giant Spotify promoted an online streamed event to announce a series of innovations, new strategies, global expansion and reveal loads of mind-blowing statistics. Among the announcements the company announced Spotify HiFi, a service which will allow for paying subscribers of the service to get CD-quality, lossless audio streaming to computers and Spotify Connect-enabled speakers. It's not high-resolution audio, but at least it is a better alternative to Ogg Vorbis.