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Spotify has recently declared a price increase for its U.S. subscribers, marking the second hike in the past year.
According to the announcement, the monthly fee for Spotify Premium will climb to $11.99 in July, from the current price of $10.99. This constitutes an approximate 10% increase. Furthermore, Duo and Family plan costs will rise to $16.99 and $19.99 respectively, up by $2 and $3. The price of the student plan will stay at $5.99 per month.
This follows an earlier price rise implemented last July where rates for various Spotify services were increased globally. In the U.S. specifically, the ad-free premium plan had seen an increment from $9.99 to $10.99 per month.
Spotify has mentioned that premium plan holders will begin to be notified of the impending price change through email within the next month. However, there seems to be some uncertainty about who exactly will be subject to the new prices. While suggesting that all premium users will be informed of the new rates, it also states that the updated prices will be for “new subscribers” primarily.
We have contacted Spotify for further details on this matter and will provide an update when we have more information.
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Frequently Asked Questions About Spotify’s Premium Price Increase
Why is Spotify increasing its premium subscription prices?
Spotify has not specified the exact reasons for the increase in premium subscription prices. Such increases are typically due to various factors, including but not limited to, operational costs, licensing fees, inflation, and investment in product development.
When will the new Spotify subscription prices take effect?
The new subscription prices for Spotify Premium accounts in the U.S. are set to take effect in July. Current subscribers will be informed about the price increase via email within the next month.
Are all Spotify subscribers affected by the price hike?
While Spotify has announced that all premium users will receive an email about the price increase, it seems that the new pricing may only apply to new subscribers. However, clarification from Spotify is still pending.
What will be the new prices for Spotify subscriptions?
The new monthly price for Spotify Premium will increase to $11.99. The Duo and Family plans will cost $16.99 and $19.99 respectively. The student plan will remain at $5.99 per month.
Will the Spotify student plan price be affected by the price increase?
No, the Spotify student plan price will remain at $5.99 per month despite the increases to other subscription tiers.
