Hey @royalspirit
Spotify recently announced their new HiFi tier. There is no information when this tier starts other than "later this year". Check out this article for more information about the new tier!
Note: Audio CD quality is 16bit 44.1kHz uncompressed digital audio. Even today artists sell 16bit wav/flac files (equivalent to CD quality) on sites like Bandcamp and Beatport.
It's perfectly good for listening purposes. Only when you're making and mixing an audio track, you'll make good use of the extended headroom offered by 24bit and 32bit formats.
Hope this helps, have a nice day 🙂
SebastyRock Star 18
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