Spotify is preparing to launch a lossless audio version of its streaming service, according to multiple sources. The offering, which is currently called Spotify Hi-Fi, will offer lossless CD-quality audio to users — similar to what Tidal offers in its Hi-Fi service.

I’m interested to see what the response will be to this service. Lossless isn’t something Apple ever seemed to be keen to offer users, but they may be forced into it if Spotify’s becomes popular.