US EditionSpotify announces 9% price hike for individual plan subscribers
SWEDEN, AUG 5 – Spotify will raise Premium subscription prices by about 1 Euro or local equivalent in multiple international markets to boost profit margins and fund product innovation, affecting all plan types.
- Spotify announced a price hike for its premium individual subscription effective from September in select markets.
- The monthly premium individual subscription will increase from 10.99 euros to 11.99 euros.
- The price hike will affect subscribers in South Asia, the Middle East, Africa, Europe, Latin America, and the Asia-Pacific region.
- Spotify stated that the increase is necessary 'so that we can continue to innovate on our product offerings and features, and bring you the best experience.
106 Articles
106 Articles
Spotify premium subscribers will see their fees increase across the globe from September, the music streaming service announced. The company's share price rose more than 6% in pre-market trading on Wall Street after the news. The surge in investor interest came after a disappointing earnings update last week weighed on the company's share price. The company forecast lower-than-expected quarterly profits at the end of July, euronews writes, citin…
This Tuesday it was known that the streaming music app, Spotify, will increase in price all your plans in the...
Spotify announces second price hike
Spotify has increased its subscription prices in Europe for the second time in its history, making ad-free listening noticeably more expensive for all users. The Swedish streaming giant confirmed that the new rates are effective immediately for both new and existing subscribers, with the most significant change seen in the family plan. The updated pricing is as follows: Individual: €11.99/ Source
derwesten.de
thueringen24.deSpotify customers have to prepare for a price whip. From September onwards, costs will increase in numerous regions.
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