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Spotify Announces Premium Subscription Price Hikes for July 2024


Spotify has officially confirmed an increase in its Premium subscription rates in the US, set to take effect in July. This news comes shortly after initial reports emerged in April, signaling another round of price adjustments for the popular music streaming service.

The new pricing structure includes a $1 increase for the Individual plan, bringing the monthly fee from $11 to $12. The Duo plan, which accommodates two users, will see a $2 increase, moving from $15 to $17 monthly. The most significant hike affects the Family plan, which will rise by $3, going from $17 to $20 per month. Despite these changes, student subscribers will continue to enjoy their discounted rate of $6 per month.

This price adjustment follows less than a year after Spotify’s previous increase in July of the previous year. Before these recent hikes, Spotify had not altered its pricing since its inception over a decade and a half ago. The continuous investment in new features, particularly in the audiobook sector, is a likely contributor to the necessity for these adjustments.

Subscribers can expect to receive an email from Spotify within the next month outlining the new pricing details and providing instructions for those who wish to cancel their plans. For users currently in a trial period, Spotify will honor the existing rate of $11 for one month post-trial before transitioning to the new $12 monthly fee.

The changes reflect Spotify’s ongoing efforts to balance enhanced service offerings with sustainable pricing, ensuring the platform continues to deliver a robust and diverse audio experience to its users.

Spotify Announces Premium Subscription Price Hikes for July 2024

Spotify Announces Premium Subscription Price Hikes for July 2024

Spotify has officially confirmed an increase in its Premium subscription rates in the US, set to take effect in July. This news comes shortly after initial reports emerged in April, signaling another round of price adjustments for the popular music streaming service.

The new pricing structure includes a $1 increase for the Individual plan, bringing the monthly fee from $11 to $12. The Duo plan, which accommodates two users, will see a $2 increase, moving from $15 to $17 monthly. The most significant hike affects the Family plan, which will rise by $3, going from $17 to $20 per month. Despite these changes, student subscribers will continue to enjoy their discounted rate of $6 per month.

This price adjustment follows less than a year after Spotify’s previous increase in July of the previous year. Before these recent hikes, Spotify had not altered its pricing since its inception over a decade and a half ago. The continuous investment in new features, particularly in the audiobook sector, is a likely contributor to the necessity for these adjustments.

Subscribers can expect to receive an email from Spotify within the next month outlining the new pricing details and providing instructions for those who wish to cancel their plans. For users currently in a trial period, Spotify will honor the existing rate of $11 for one month post-trial before transitioning to the new $12 monthly fee.

The changes reflect Spotify’s ongoing efforts to balance enhanced service offerings with sustainable pricing, ensuring the platform continues to deliver a robust and diverse audio experience to its users.