Bloomberg reports that the price hike will help cover the cost of audiobooks, a new premium feature that launched late last year. For new subscribers in the u.s., the new prices are:
Canadians will notice a price bump in their spotify charge as the streaming platform announced that its increased prices. After keeping spotify premium subscription pricing flat since debuting it in 2011, spotify increased monthly pricing in july 2023 and will do so again in july 2024, it announced today.
*Update As Of February 1, 2024:
Why is spotify raising prices?
After Keeping Spotify Premium Subscription Pricing Flat Since Debuting It In 2011, Spotify Increased Monthly Pricing In July 2023 And Will Do So Again In July 2024, It Announced Today.
In a press release monday, spotify says the price increase is so they can keep innovating and deliver value to fans and artists on the platform.
Images References :
Canadians Will Notice A Price Bump In Their Spotify Charge As The Streaming Platform Announced That Its Increased Prices.
The united kingdom and pakistan will be hit by this price hike by the end of april, followed by a hike in the u.s.
The Move Will Result In A $1 Price Increase For A Number Of Plans, Including The Premium.
In the us, the cost will go up from $9.99 to $10.99 (£8.57) for those with an individual plan.