Spotify announces it will increase the price of its premium subscription offerings by as much as $2, which translates to a 20% increase for some plans.
it will increase the price of its Premium subscription offerings by as much as $2, which translates to a 20% increase for some plans.
The company said the market landscape has"continued to evolve" since Spotify launched, and that the changes will help the company"continue to deliver value to fans and artists," according to aIn the U.S., Spotify's Premium Single offering now costs $10.99, up from $9.99, and the price of its Premium Duo plan changed to $14.99, up from $12.99. The company's Premium Family plan is now priced at $16.99, up from $15.99, and the student offering costs $5.99, up from $4.99.
"As we continue to grow our platform, we are updating our Premium prices so that we can keep innovating in changing market conditions," the company wrote on its website.
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