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It's been nearly four years since word first got out that Spotify was testing a lossless audio format.

Spotify said it was also working with some of the world's largest speaker manufacturers to make HiFi available to as many people as possible through Spotify Connect. Spotify HiFi will deliver music in a CD-quality, lossless audio format to devices and Spotify Connect-enabled speakers. The streaming music giant on Monday during its online " Stream On" event announced a new subscription offering catering specifically to audio enthusiasts. Spotify is finally getting into high-end audio. Spotify HiFi will debut later this year as an option for Premium subscribers although unfortunately, not much else is known about the service at this hour. Bottom line: It's taken nearly four years but Spotify is finally getting into the lossless streaming audio game.