Spotify is rising its Premium plan to $10.99 per thirty days, up from $9.99, the corporate has introduced. The worth hike applies to customers in the USA, the UK, the European Union, and a number of other different areas and territories.
“In order that we will hold innovating, we’re altering our Premium costs throughout numerous markets all over the world,” the corporate mentioned in a submit asserting the modifications. “These updates will assist us proceed to ship worth to followers and artists on our platform.”
Along with rising the Premium subscription value, the price of the Duo plan is ready to extend from $12.99 to $14.99, the Household plan will improve from $15.99 to $16.99, and the Pupil plan will improve from $4.99 to $5.99.
Spotify mentioned current subscribers in affected markets would obtain an electronic mail explaining what this implies for his or her account. Present subscribers will get a one month grace interval earlier than the brand new pricing takes impact, in keeping with a firm FAQ.
The worth will increase aren’t all that shocking given the current subscription hikes of rival music streaming providers. Apple Music costs elevated in October, rising for people by $1 a month to $10.99, or by $10 for the annual plan, which prices $109 a yr. Apple Music for households additionally went up by $2 a month to $16.99. Apple raised the value of Apple Music as a result of elevated licensing prices that present extra money to artists and songwriters, the corporate mentioned on the time.
Extra just lately, Amazon Music and YouTube Music Premium have additionally elevated their costs, in each instances by including $1 to their particular person commonplace month-to-month subscription plans, which now stand at $10.99.
The Spotify value will increase might be utilized to the next nations: Andorra, Albania, Argentina, Austria, Australia, Bosnia and Herzegovina, Belgium, Bulgaria, Brazil, Canada, Chile, Colombia, Costa Rica, Cyprus, Denmark, Ecuador, Estonia, Spain, Finland, France, United Kingdom, Greece, Guatemala, Hong Kong, Croatia, Indonesia, Eire, Israel, Iceland, Italy, Lithuania, Luxembourg, Latvia, Monaco, Montenegro, North Macedonia, Malta, Mexico, Netherlands, Norway, New Zealand, Peru, Portugal, Serbia, Sweden, Singapore, Slovenia, Slovakia, San Marino, Thailand, Türkiye, United States, Kosovo.
