Spotify is raising the cost of Premium subscriptions, again

Spotify is officially raising its Premium subscription rates within the US come July, following reports of the move in April. The platform is rising its Particular person plan from $11 to $12 month-to-month and its Duo plan from $15 to $17 month-to-month — the identical soar as last year’s $1 and $2 price hikes, respectively. Nevertheless, its Household plan goes up by a whopping $3, rising from $17 to $20 month-to-month. The one subscribers getting a break are college students, who will proceed to pay $6 month-to-month.

Spotify introduced the worth hikes lower than a 12 months after its previous one last July. Earlier than that, Spotify hadn’t raised its charges since launching a decade and a half in the past. I assume it was too optimistic to hope the following enhance would additionally take that lengthy, particularly with Spotify’s continued focus (and cash dump) on audiobooks.

Premium subscribers ought to obtain an e mail from Spotify within the subsequent month detailing the worth hike and offering a hyperlink to cancel their plan in the event that they would favor to take action. Customers at present on a trial interval for Spotify will get one month at $11 after it ends earlier than being moved as much as a $12 month-to-month price.