After announcing that it’s raising prices in regions including South Asia, Europe and Latin America, Spotify’s price increases are reportedly about to hit the US.
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Spotify also offers a Premium Family plan that covers six people in the same household for $20 and plans for students ($6 a month, bundled with Hulu) and couples ($17 a month). Spotify also offers a Basic plan that doesn’t include access to audiobooks for $11 a month.
A representative for Spotify did not immediately respond to a request for comment.
If the report is accurate, this would be the third price increase on Premium in the US since 2023. Before those hikes, Premium plans were $10, but Spotify raised its minimum price by $1 in 2023, then again in 2024.
Spotify has been dealing with some controversies this year including some music acts abandoning the platform and some customers canceling subscription over advertising for Homeland Security’s ICE program.
CNET has a guide for canceling your Spotify subscription.
The company is the market leader among music streaming apps with about 32 percent market share as of the end of 2024.
Source: CNET.
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