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Spotify Confirms Price Increase for Premium Subscription Plan

In The News

Spotify has confirmed that it will be raising the prices of its premium subscription plan. The music-streaming platform, which has around 500 million users globally, will be increasing the price of its main premium ad-free subscription plan from $9.99 per month to $10.99.

Top things to Know

– Spotify is raising the price of its premium subscription plan from $9.99 to $10.99 per month.
– The price increase will affect the main premium ad-free subscription plan.
– Spotify has around 500 million users globally, with 40% being premium subscribers.
– The price hike is expected to help offset the rising costs of licensing music and producing original content.
– This is the first price increase for Spotify’s premium plan in the United States since 2011.

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