Although I didn't mean to be disrespectful. All the streaming services will compete and we'll see who sticks around...
I really do believe 320 kbps ogg is good enough; I'll wager none of us can hear the difference. But for people who want what they call "lossless" format, with no encoding, Spotify is apparently setting up to offer that for a few extra bucks per month.
http://www.theverge.com/2017/3/1/147...ess-audio-tier
It might as well be. Encoding is just meant to ensmallen the files for transfer, in ways the human ear can't detect. Without encoding, the files will be twice as large or larger. But we will have that bandwidth, now. They want you to get video on your mobile device, un-encoded audio is much smaller than that.