Spotify announces price hikes less than a year after its last ones.

Spotify is officially raising its Premium subscription rates in the US come July, following reports of the move in April. The platform is increasing its Individual plan from $11 to $12 monthly and its Duo plan from $15 to $17 monthly — the same jump as last year’s $1 and $2 price hikes, respectively. However, its Family plan is going up by a whopping $3, increasing from $17 to $20 monthly. The only subscribers getting a break are students, who will continue to pay $6 monthly.

Spotify announced the price hikes less than a year after its previous one last July. Before that, Spotify hadn’t raised its fees since launching a decade and a half ago. I guess it was too optimistic to hope the next increase would also take that long, especially with Spotify’s continued focus (and money dump) on audiobooks.

Premium subscribers should receive an email from Spotify in the next month detailing the price hike and providing a link to cancel their plan if they would prefer to do so. Users currently on a trial period for Spotify will get one month at $11 after it ends before being moved up to a $12 monthly fee.

  • where_am_i@sh.itjust.worksEnglish
    51·
    6 months ago

    BS. One new CD is at least 10$. A good band collection is then a year worth of subscription fees. So, do you only listen to a few bands?

    Before Spotify I pirated everything. In lossless, ofc. I had 200GB of music, it wouldn’t fit on my ipod classic, and I still was limited.

    I pirated at least a lifetime worth of Spotify premium and yet when I switched to Spotify I discovered so many more artists like the ones I already liked. If I now tried to buy all the songs I’ve listened to more than once in the last 5 years, I’d go bankrupt.

    Spotify is way cheaper.

    (now add ease of discovering new music, listening to whatever your friends want to listen to in a car, collaborative playlists, etc etc)

    • archomrade [he/him]@midwest.socialEnglish
      52·
      6 months ago

      Hey if you find value in paying a subscription go nuts, I won’t throw shade

      but i used spotify for almost 15 years. Averaged out to $8 a month that’s more than $1400, and how much of that music do you think I own?

      You can do what you want with your money but I’m not paying another dime to subscription streamers. For discovery there’s still radio and youtube and ad-supported streamers, and I still find new artists at music festivals and local venue concerts all the time.

      Spotify is a solution in search of a problem.