According to the information, Spotify a music streaming application has now raised its premium subscription prices globally. The new pricing list includes – Spotify Premium Single cost $10.99 in the US, €10.99 in France and £10.99 in the UK.
Countries
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.
Official Statement
“The market landscape has continued to evolve since we launched. So that we can keep innovating, we are changing our Premium prices across a number of markets around the world. These updates will help us continue to deliver value to fans and artists on our platform,” Spotify said in a blog post on Monday.
Meanwhile, Spotify is offering the Premium Family plan at a cost of $16.99, up from $15.99, and the Student plan will cost $5.99, up from $4.99.Apart from the US, Spotify is increasing prices in 53 other countries, including Canada, France, the UK, Mexico and Australia.
With 200+ million Premium subscribers, we’re also proud to be the world’s most popular audio streaming subscription service, giving Premium users access to on-demand and ad-free music listening, offline music downloads, and quality music streaming. The market landscape has continued to evolve since we launched. So that we can keep innovating, we are changing our Premium prices across a number of markets* around the world. These updates will help us continue to deliver value to fans and artists on our platform – Spotify.
Moreover, the music streaming giant said that the existing subscribers will be notified about the price changes via email and be given a “one-month grace period” before the new prices go into effect.