Spotify is raising its Premium subscription prices around the world
Spotify is the latest streaming service to announce a price hike for its subscription plans. The worldâs most popular music streaming service which boasts over 200 million Premium subscribers will soon cost a little bit extra.
Spotify Premium Single will now cost $10.99 in the US, â¬10.99 in France and £10.99 in the UK. Premium Student will jump to $5.99/â¬5.99 while pricing in the UK will remain at £5.99. The Premium Duo plan will come in at $14.99/â¬14.99/£14.99 while the Premium Family tier is now priced at $16.99/â¬17.99/£17.99 respectively. The new price tiers are already reflected on Spotify's sign-up pages while existing subscribers will get a one-month grace period before the new pricing comes into effect.
Spotify claims that the evolving market landscape coupled with the need to innovate and deliver value to fans and artists are the main reasons for the new price increases. Spotify still hasnât divulged pricing info for its lossless streaming plan dubbed Spotify Hi-Fi
The full list of countries getting a Spotify Premium price increase includes:
Andorra, Albania, Argentina, Austria, Australia, Bosnia and Herzegovina, Belgium, Bulgaria, Brazil, Canada, Chile, Colombia, Costa Rica, Cyprus, Denmark, Ecuador, Estonia, Spain, Finland, France, United Kingdom, Greece, Guatemala, Hong Kong, Croatia, Indonesia, Ireland, Israel, Iceland, Italy, Lithuania, Luxembourg, Latvia, Monaco, Montenegro, North Macedonia, Malta, Mexico, Netherlands, Norway, New Zealand, Peru, Portugal, Serbia, Sweden, Singapore, Slovenia, Slovakia, San Marino, Thailand, Türkiye, United States and Kosovo.