Spotify raises US prices for second time in a year
The Peninsula
Stockholm: Swedish streaming service Spotify said Monday that it was raising its prices for premium subscribers in the United States for the second ti...
Stockholm: Swedish streaming service Spotify said Monday that it was raising its prices for premium subscribers in the United States for the second time in under a year.
The company said in a statement it was hiking prices so "we can continue to invest in and innovate on our product features and bring users the best experience".
The new monthly subscription prices will be introduced "over the next month", it said, with an individual subscription going up by $1 to $11.99.
A duo subscription will now cost $16.99 and a family subscription $19.99, while a student subscription will remain unchanged at $5.99.
In July 2023, Spotify announced it was raising its prices for premium subscribers "across a number of markets around the world," following similar moves by competing music services from Apple and Amazon.