Posted 4/3/2024, 1:35:00 PM
Spotify to Raise Prices for Premium Plans Globally, Introduce Cheaper Tier Without Audiobooks
- Spotify plans to raise prices by $1-$2 per month in some markets including UK, Australia, and Pakistan by end of April
- Spotify will introduce a new basic tier with music and podcasts but no audiobooks for current $11 premium price
- Spotify will raise prices in the US, its largest market, later this year
- Spotify currently charges $10.99 per month for an individual premium plan in the US
- The price increase information comes from anonymous sources speaking to Bloomberg News