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.

  • TrickDacy@lemmy.worldEnglish
    2·
    5 months ago

    Thanks for this! I will consider my options. I remember when Spotify was $7 a month. it was easy to justify then, less so each time they hike the price.

    How long have you been a Napster subscriber?

    • Firebirdie713@lemmy.blahaj.zoneEnglish
      2·
      5 months ago

      Two or three years, I think. So far the price has stayed exactly the same, they still have no ads, and they haven’t made any changes to the app to try to advertise features or anything like that. It was (and still is) a nice change from Spotify, Apple Music, and even YouTube to be honest.