Another Spotify price hike is coming to the US

Another Spotify price hike is coming to the US

GSMArena.com business

Key Points:

  • Spotify is increasing its Premium subscription prices in the US, Estonia, and Latvia, with the standard plan rising from $11.99 to $12.99 per month starting February.
  • Other plans are also affected: the Duo plan will increase to $18.99, the Family plan to $21.99, and the Student plan to $6.99 per month.
  • Spotify justifies the price hikes by stating they reflect the value provided and help support artists, though the extra fees do not directly translate into payments to artists.
  • The company plans to notify affected subscribers about the upcoming price changes through a message.
  • While the increases are relatively small, they contribute to the ongoing trend of subscription price inflation, which may