Credit score: Jimmy Westenberg / Android Authority
- Spotify is rising the costs for its plans throughout the US, Europe, and the UK.
- US subscribers will see a rise within the costs of Spotify’s Household plan.
- Subscribers within the UK and Europe will see a value hike throughout all Spotify plans.
Music streaming service Spotify is rising its costs after the corporate warned of doing so final yr. Many subscribers shall be affected by Spotify’s value improve and a few have already began receiving emails notifying them of the modifications.
Within the US, the Spotify value hike will have an effect on Household plans. In the meantime, over in Europe and UK, Spotify costs will go up for Pupil, Duo, and Household plans. The elevated costs will take impact beginning April 30.
Spotify’s Household plan is rising from $14.99 monthly to $15.99 within the US. Fortunately, costs for the Duo, Premium, and Pupil plans will stay unchanged within the nation, at the very least for now.
Subscribers within the UK and Europe aren’t as fortunate. Pupil plan pricing for Spotify within the UK is rising from £4.99 to £5.99 monthly. The Household Spotify plan that permits as much as six folks to make use of the service will now be priced at £16.99, up from £14.99 monthly. The Duo plan for 2 folks can be going up from £12.99 to £13.99 a month.
Spotify subscription costs may also go up for some international locations in Asia and South America.
European Spotify costs will see an analogous uptake. The Duo and Pupil plans within the area will go up by a euro to
€12.99 and €5.99 monthly. In the meantime, the Household plan will rise to €17.99 from €14.99 monthly.
Some international locations in Asia and South America may also reportedly see Spotify subscription costs rising.
Confirming the value hike in a press release to The Verge, a Spotify spokesperson mentioned, “We provide a wide range of subscription plans tailor-made to our customers’ wants, and we often replace our costs to replicate native macroeconomic elements and meet market calls for whereas providing an unparalleled service.”
Present subscribers will solely discover a value improve in the course of the June billing interval.
Spotify may also permit all subscribers a one-month grace interval earlier than costs are elevated. This manner, current subscribers will solely discover a value improve in the course of the June billing interval.
The service’s value improve comes after the corporate made a loss of €125 million (~$150 million) within the final quarter of 2020. By elevating its subscription costs, Spotify may up its total earnings with out getting extra folks to join the service.