(Neither of those companies gives actual numbers, and the data is messy, but industry estimates put them somewhere around half as much as Spotify.

Spotify is still growing, despite Spotify HiFi still MIA, and competitors like Apple Music and Amazon Music lagging far behind. Then there’s the basic math of user count. It’s pretty safe to assume a higher-quality file will cost Spotify more to serve up, either from a licensing standpoint or from a pure streaming standpoint, (or both). (As all things do, of course.) While Spotify had a record number of monthly active users and premium subscribers, revenue actually was down 4 percent for the quarter (but up 14 percent year over year), and operating loss was at 156 million euros, or about $172 million. There’s a good (and easy) argument that it shouldn’t and that it won’t. Why Sonos Era 300 buyers should switch to Amazon Musicĭoes Spotify HiFi ever have to see the light of day? Phil Nickinson/Digital Trends Tidal CEO says hi-res lossless is coming, raising doubts about MQA What is Spotify? Music, pricing, and features explained

Spotify hifi