US EditionSpotify to raise subscription prices outside the US
- Spotify plans to increase subscription prices in many countries across Europe and Latin America from June.
- This global push reflects music industry pressure and slowing sector revenue growth.
- Individual plans will rise by approximately one euro or pound, excluding the US market this summer.
- Spotify's stock value has more than doubled over the past year while focusing on profitability.
- The company is prioritizing profits and reportedly explores a new super-premium subscription tier.
35 Articles
35 Articles
Spotify is doing great, yet it is raising its prices. Who is happy about that?
Spotify is making its subscriptions more expensive as of May. Not because the Swedish audio streamer is doing badly: it is doing very well. For users, it is a ‘significant increase’. Who is happy about it?
From Data to Royalties: How It Works, From Inside, Spotify's Economy
When we talk about the radical transformation of the music business in the 21st century, the role of Spotify is indisputable. The Swedish-born platform not only changed the way we listen to music, but also the way it is produced, distributed and monetized. Since its launch in 2008, Spotify has become the protagonist of a silent but unstoppable revolution that has forever reconfigured the global musical ecosystem.
Spotify increases the cost of subscriptions: increases in Europe by June
According to the Financial Times, Spotify is ready for an increase in subscriptions here and in South America by June. The answer to an increasingly competitive sector also involves a new, more expensive subscription to get early access to concert tickets.
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