--Spotify Technology plans to introduce a pricier subscription plan for users interested in better audio quality, Bloomberg reports, citing an unnamed source.

--Users will be charged at least $5 more to access better audio as well as new tools for creating playlists and managing song libraries, according to the report.

--The new tier will be offered as an add-on for existing customers, Bloomberg reports.

Full story: https://www.bloomberg.com/news/articles/2024-06-11/spotify-to-introduce-more-expensive-subscription-tier-for-music-lovers

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

06-11-24 0858ET