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Spotify posted a multi-record quarter on Tuesday after recently hiking the prices of its premium US subscription plans.The company also alluded to a more expensive streaming tier to come as the ...
Spotify is hiking rates for its monthly streaming plans in the U.S. for the second time in a year. The Spotify Premium Individual plan is increasing by $1, from $10.99 to $11.99 per month ...
Spotify expects operating income of 481 million euros ($509.76 million) in the fourth quarter, compared with the LSEG-compiled average analysts' estimate of 445.7 million euros.
Spotify, a music streaming company, has attracted significant criticism since its 2008 launch, [1] mainly over artist compensation. Unlike physical sales or downloads, which pay artists a fixed price per song or album sold, Spotify pays royalties based on the artist's "market share"—the number of streams for their songs as a proportion of total songs streamed on the service.
Spotify declined to comment. In the United States, the company's premium account for individuals is priced at $9.99 per month, while a family account with six users is at $15.99 a month.
The concept of "buy one, get one free" was devised in the 18th century by retail entrepreneur Josiah Wedgwood. [2] [3] This technique is commonly known in the marketing industry by the acronym BOGOF, or simply BOGO. [4] [5]