Illustration by Nick Barclay / The Verge

Spotify is getting ready to launch a premium add-on that offers access to high-fidelity audio, according to a report from Bloomberg. The new tier will reportedly cost $5 extra and will also come with tools to help users create playlists and manage music libraries.

A source familiar with Spotify tells Bloomberg that users will be able to add the HiFi audio tier to their existing plans. If added to the Spotify Premium plan, which goes up in price to $11.99 next month, it will cost $16.99. Bloomberg reports that the add-on will also give users the ability to generate custom playlists for specific activities, dates, and times of year. The Verge reached out to Spotify with a request for comment but didn’t immediately hear back.

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