Spotify CEO Daniel Ek announced plans to “double down” on its music offering by 2025, focusing on enhancing user experience. This expansion might include a long-awaited Hi-Fi tier tailored for music enthusiasts. Despite this positive news, concerns have been raised about Spotify’s payment model and the impact on artists, as the company has implemented cost-cutting measures that could further strain artist earnings. While Spotify’s growth in subscribers and profitability is evident, the focus remains on how these decisions will affect the music industry moving forward.