Spotify to Raise US Subscription Prices Early Next Year

Spotify volition rise subscription prices for users successful the United States successful the archetypal 4th of adjacent year, according to the Financial Times, citing sources acquainted with the matter.


The study links unit from large grounds labels connected some Spotify and Apple Music to rise subscription prices. They reason prices person lagged inflation, portion subscriptions stay inexpensive compared to video services specified arsenic Netflix.

Wall Street analysts accidental the terms summation is captious to Spotify's stock, arsenic the institution pushes to amusement profitability. JPMorgan analysts person projected a $1-a-month terms emergence would boost Spotify's yearly gross by $500 million.

Spotify precocious raised prices successful aggregate countries crossed South Asia, the Middle East, Africa, Europe, Latin America, and the Asia-Pacific region. The institution has not raised prices successful the U.S. since July 2024.

A Spotify subscription costs $11.99 a period successful the U.S., compared with $9.99 erstwhile it launched successful the state 14 years ago. Spotify presently costs $1-a-month much than Apple Music for idiosyncratic plans.
This article, "Spotify to Raise US Subscription Prices Early Next Year" archetypal appeared connected MacRumors.com

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