Spotify
Spotify is raising prices for most of its subscription plans
While the student plan is safe, almost every other Spotify tier will see an increase to their subscription prices.
The rise in prices not only affects goods such as housing or vehicles; it also reaches food and all types of basic products. Not only that, it is also present in all types of leisure services, as is the case with basically every streaming subscription like Crunchyroll, Netflix, Disney+, and even Xbox Game Pass. Well, there is another brand that joins the list and increases in price: Spotify.
The price increase is only local at the moment, affecting the Premium Plan in the U.S. once again. As it stands right now, no change has been announced for any other territories, but the company has warned that in the event that a price change is to come to other countries, users will be notified via email one month in advance.
New prices in the United States
As such, Spotify will now have new prices for basically all of its subscription plans (except for the Student Plan). The Spotify Premium Individual plan is being raised by $1, going from $10.99 to $11.99 per month. On the other hand, the Premium Family plan will be $3 more expensive, going from $16.99 to $19.99 per month for a tier that allows up to six members at the same time to access the premium features of the music streaming service.
Spotify’s Premium Duo plan for up to two members is also getting a price hike, for $2 more, which means the couple’s subscription is going from $14.99 to $16.99 per month. The Student plan, however, will remain at $5.99 per month without removing access to Hulu with ads. This last option is only available to students enrolled in an “accredited higher education institution,”so access to it is already restricted.
“As we continue to grow our platform, we are updating our Premium prices so that we can keep innovating in changing market conditions,” says the official FAQ for the price changes. “These updates will help us continue delivering value to fans.”
The last time Spotify raised its Premium plans was back in July 2023, which means that they’ve already announced two price hikes in the span of a single year. We’ll have to wait and see what other services choose to raise their prices as well, but it’s not looking good for the users of the streaming industry.