Spotify – the Swedish audio streaming platform – introduced a worth hike for all its premium plans within the US. With this transfer, the corporate goals to “convey customers the perfect expertise”, it stated. Spotify Premium subscribers within the US will quickly obtain an e-mail with info relating to the hike in costs and what is going to occur to their present subscription plan. The identical e-mail may also embody directions on the best way to cancel Spotify Premium subscription, for individuals who don’t want to stay subscribed.

Spotify Premium Costs Hiked

In a weblog post, Spotify introduced that new customers will now be capable to subscribe to the Particular person plan at $11.99 a month, up from $10.99. Then again, the Duo plan sees a $2 worth hike and is now priced at $16.99. The Spotify Premium Household plan, which was beforehand listed for $16.99, will now value $19.99.

Nevertheless, the Scholar plan sees no change in pricing and can nonetheless be obtainable at $5.99 a month, the audio streaming platform stated on Monday.

This marks the second time in 12 months that Spotify has elevated its worth. The first hike was made in July 2023 for all Premium plans, together with a $1 improve for the Particular person plan.

Explaining the rise in subscription costs, Spotify stated, “On Spotify, customers uncover and luxuriate in music, podcasts, and audiobooks. In order that we are able to proceed to spend money on and innovate on our product options and produce customers the perfect expertise, we often replace our costs. Over the following month, subscribers within the U.S. will obtain an e-mail explaining what this replace means for his or her subscription”.

For these presently enrolled within the Spotify Premium trial supply, the corporate introduced that it’s going to initially supply a one month plan with present costs, following which it is going to be revised, in accordance with the hike.

Extra Costly than Apple Music

This worth hike places Spotify Premium above Apple Music when it comes to pricing. The Apple Music Scholar plan prices just like the one supplied by Spotify and is priced at $5.99 a month. Nevertheless, the Particular person plan is now priced at a $1 much less, at $10.99 a month.

The most important hole is with the Household plan which prices $16.99, $3 lower than Spotify Premium’s household plan. Along with these, Apple Music additionally gives a less expensive $4.99 Voice plan that allows the person to entry Apple Music’s library by way of Siri.