Spotify’s HiFi streaming could finally arrive this year

It’s been nearly four years since Spotify announced a HiFi tier for its music streaming service that would support lossless audio. That wait could end this year, Bloomberg reports, as the company works to finalize details, including streaming rights.

Spotify could charge as much as $5 or $6 extra per month for the new tier — said to be named “Music Pro” — which is in line with estimates CEO Daniel Ek shared last year. Spotify’s Premium tier currently starts at $11.99 per month before family or student discounts, the result of two price…