Follow ChabadInfo & Never Miss an Update!

Follow us on Instagram Subscribe to our WhatsApp status and broadcast Follow us on Tiktok Follow us on Facebook Follow us on X Follow us on Google News Subscribe on YouTube

Spotify said subscribers will receive an email within the next month, notifying them of the price adjustments for impacted accounts. The email explains, “We’re increasing the price of Premium Individual so that we can continue to invest in and innovate on our product offerings and features.”

Spotify pointed to the beginning of its blog post, which states, “So that we can continue to invest in and innovate on our product features and bring users the best experience, we occasionally update our prices.”

Spotify last raised prices in July 2023, which was the first time it increased them since the service launched in the U.S. in 2011.

Analysts expect the streaming giant could drive further growth by offering tailored subscription plans based on consumer preferences in verticals such as music, audiobooks and podcasts.

47