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Spotify is finally set to hike the price of its music streaming subscription in the U.S. to $10.99 per month for an individual plan — up one dollar — according to a Wall Street Journal report.
Spotify announced it second price hike since July 2023, when the music streaming service bumped all premium plan prices up at least $1.
Duo plans, which allow two users to share an account, will increase by $2 to $16.99. And Spotify Premium subscriptions will now cost $11.99 a month, an increase of $1 a month.
In August 2021, Spotify launched a test subscription tier called Spotify Plus. The subscription costs $0.99 and is supposed to be a combination of the free and premium tiers. Subscribers to this plan will still receive ads but will get the ability to listen to songs without shuffle mode and skip any number of tracks.
Spotify has been hinting at price hikes for some time, and in advance of their next earnings call on Wednesday — which it has said is likely to see a dip in new paid subscriptions — the ...
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 Premium subscriptions will now cost $11.99 a month, an increase of $1. Swinburne, who boasts a $370 price target and Overweight rating on shares, said the upcoming hikes "are larger and ...
Spotify has launched a US student program that lets you pay just $5 per month for Premium access (half of the usual price) as long as you're attending a post-secondary school that qualifies for ...