Spotify – the Swedish audio streaming platform – introduced a value hike for all its premium plans within the US. With this transfer, the corporate goals to “deliver customers the very best expertise”, it stated. Spotify Premium subscribers within the US will quickly obtain an electronic mail with info relating to the hike in costs and what’s going to occur to their current subscription plan. The identical electronic mail can even embody directions on the way to cancel Spotify Premium subscription, for many who don’t want to stay subscribed.
Spotify Premium Costs Hiked
In a weblog publish, Spotify introduced that new customers will now have the ability to subscribe to the Particular person plan at $11.99 a month, up from $10.99. However, the Duo plan sees a $2 value hike and is now priced at $16.99. The Spotify Premium Household plan, which was beforehand listed for $16.99, will now price $19.99.
Nonetheless, the Pupil plan sees no change in pricing and can nonetheless be obtainable at $5.99 a month, the audio streaming platform stated on Monday.
This marks the second time in 12 months that Spotify has elevated its value. The primary hike was made in July 2023 for all Premium plans, together with a $1 enhance for the Particular person plan.
Explaining the rise in subscription costs, Spotify stated, “On Spotify, customers uncover and luxuriate in music, podcasts, and audiobooks. In order that we are able to proceed to spend money on and innovate on our product options and produce customers the very best expertise, we sometimes replace our costs. Over the subsequent month, subscribers within the U.S. will obtain an electronic mail explaining what this replace means for his or her subscription”.
For these at the moment enrolled within the Spotify Premium trial supply, the corporate introduced that it’ll initially supply a one month plan with current costs, following which it will likely be revised, in accordance with the hike.
Extra Costly than Apple Music
This value hike places Spotify Premium above Apple Music by way of pricing. The Apple Music Pupil plan prices just like the one provided by Spotify and is priced at $5.99 a month. Nonetheless, the Particular person plan is now priced at a $1 much less, at $10.99 a month.
The most important hole is with the Household plan which prices $16.99, $3 lower than Spotify Premium’s household plan. Along with these, Apple Music additionally provides a less expensive $4.99 Voice plan that permits the consumer to entry Apple Music’s library through Siri.
