Prices for premium Spotify subscriptions are increasing in a number of markets worldwide.
Spotify raises monthly prices for premium subscriptions, Bloomberg reports
Spotify Premium exists as a way for users to pay to skip ads, listen to their songs and podcasts offline, and enjoy improved audio quality compared to a free account. Now, the cost is increasing for all Premium plans (Single, Duo, Family, and Student).
Going forward, Spotify Premium will cost about $1 more per month than it did before. That means the Single plan jumps from $9.99 to $10.99, Duo goes up to $14.99, Family is now $16.99, and Spotify Student is capped at $5.99. Spotify says that all Premium subscribers affected by the price change will receive an email about it soon, along with information on when they’ll have to pay the new fee.
The Premium service itself isn't changing just yet, but Spotify says the company's growth to over 200 million subscribers allows it to "continue to innovate." The company also cites an ever-changing market landscape as the reason for the price increase, implying vague plans for more Premium perks in the future.
