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Spotify to Raise US Prices in First Quarter of Next Year, FT Reports
Spotify plans a U.S. subscription price hike in early 2026 due to major label pressure; this follows increases in over 150 markets to support earnings growth.
- Next year, Spotify plans to raise subscription prices in the United States during the first quarter, the Financial Times reports citing three people familiar with the plan.
- Major record labels have pushed streaming platforms to raise fees, the FT reports, pressing both Apple and Spotify as subscription prices lag inflation.
- Spotify raised prices to 11.99 euros in August and expanded increases into more than 150 markets during the September quarter.
- Spotify has relied on price rises in recent years to boost earnings, with U.S. subscribers paying $11.99 for Spotify Premium versus $10.99 for Apple Music.
- Having raised U.S. prices last year, Spotify forecast fourth-quarter profit above Wall Street expectations earlier this month, with next year's hike being the first since June 2024.
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23 Articles
23 Articles
Spotify to raise US prices in first quarter of next year, report says
Major record labels have been urging Spotify and other music streaming platforms to raise subscription prices, arguing that fees have not kept pace with inflation and remain low when compared to services like Netflix.
·United States
Read Full ArticleSpotify to Raise US Subscription Prices Early Next Year
Spotify will raise subscription prices for users in the United States in the first quarter of next year, according to the Financial Times, citing sources familiar with the matter. The report links pressure from major record labels on both Spotify and Apple Music to raise subscription prices.
·United States
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Total News Sources23
Leaning Left3Leaning Right1Center7Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
L 27%
C 64%
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