Spotify Set to Raise Its Premium Prices

Spotify set to raise its premium prices

Spotify said on Monday it would increase the monthly price of its premium individual subscription in select markets from September, as the Swedish streaming giant looks to improve margins, as per Reuters. The company's shares jumped nearly 8 per cent. They have gained about 40 per cent so far this year. The subscription price will rise to 11.99 euros (USD13.86) per month from 10.99 euros in markets including South Asia, the Middle East, Africa, …

Spotify stock drops below $650 despite analyst optimism

Spotify’s share price (NYSE: SPOT) fell below $650 today (6 August), reversing gains made after the company announced price increases in markets outside North America earlier this week. Despite the dip, many analysts remain positive about the company’s long-term prospects. The stock had surged to a high of $670 following the announcement, rebounding from a post-earnings low of around $620. In its recent quarterly report, Spotify revealed strong …

Spotify Hikes Premium Prices In Malaysia For The Second Time Since 2023

Spotify has quietly pushed up its subscription fees across the board in Malaysia — again. Here’s the damage: Premium Individual: Now RM17.50/month, up from RM15.90 Premium Duo: Now RM24.50, up from RM21.50 Premium Family: Now RM27.90, up from RM24.90 Premium Student: Now RM9.50, up from RM8.50 New users are hit with these revised rates immediately, while existing subscribers will feel the pinch during their next billing cycle. Spotify says user…