Another Spotify price hike is coming to the US
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