September 21, 2023

Spotify is elevating the worth of Spotify Premium within the US and over 50 different markets at this time. Within the US, Spotify Premium now prices $10.99/month as a substitute of $9.99, and that is the service’s first worth enhance in 12 years.

“The market panorama has continued to evolve since we launched. In order that we are able to maintain innovating, we’re altering our Premium costs throughout quite a few markets* world wide. These updates will assist us proceed to ship worth to followers and artists on our platform,” the corporate defined within the press launch at this time.

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All of Spotify’s premium plans are getting a worth hike within the US, with the Duo plan getting a $2/month bump:

  • Spotify Premium Single is now $10.99 (up from $9.99)
  • Spotify Premium Duo is now $14.99/month (beforehand $12.99)
  • Spotify Premium Household is now $16.99/month (beforehand $15.99)
  • Spotify Premium Scholar is now $5.99/month (beforehand $4.99)

The checklist of different markets the place Spotify can be elevating its costs consists of Argentina, Australia, Belgium, Brazil, Canada, Chile, Spain, France, the UK, Indonesia, Eire, Italy, Mexico, New Zealand, Singapore, and Thailand. You’ll be able to examine the complete checklist on the press launch.

If you have already got a Spotify Premium subscription, you’ll be notified by e mail in regards to the worth enhance and given a one-month grace interval earlier than the brand new worth turns into efficient. Total, Spotify is now aligned with its most important opponents as Apple Music, Amazon Music Limitless, and YouTube Music Premium now value $10.99/month within the US. Google truly introduced worth will increase for each YouTube Premium and YouTube Music Premium final week.

Spotify at present has over 200 million Premium subscribers, and the corporate is reportedly planning to launch a dearer “Supremium” plan within the US later this 12 months. In accordance with Bloomberg, the corporate can be planning to enhance its current Premium plan by offering subscribers entry to a number of audiobooks.