Brace Your Wallet: Spotify Increases US Subscription Prices for Premium, Duo, and Family Plans – Again
BeatCurry Team
Just a year after their initial US price increase, Spotify is hitting subscribers with another bump in subscription fees. Starting next month, emails will arrive detailing the price hikes for Premium, Duo, and Family plans. Spotify Premium will jump to $11.99 per month, a dollar increase from the price announced last year.
Here’s what the email notification read which all Spotify Premium users received,
“Thank you for being a Premium subscriber. Starting on your billing date in July, your subscription price will change from $10.99/month to $11.99/month. We’re increasing the price of Premium Individual so that we can continue to invest in and innovate on our product offerings and features, and bring you the best experience. Thank you for choosing Premium.
The Spotify Team
If you do not wish to continue paying for Premium at the new price point, you can always cancel via your account page or visit our support site if you have more questions. If you’re currently on a trial, you won’t be charged until your trial ends. Once your trial ends you will be given 1 month on the current price of $10.99 prior to your bill being increased to $11.99.”
Spotify announced a second price increase for its US subscription plans within the last year. Emails will be sent to subscribers next month detailing the adjustments, which affect Premium, Duo, and Family tiers. The individual Premium plan will see the smallest increase, rising from $10.99 to $11.99 per month. However, Duo plans, designed for two users, will experience a steeper jump of $2, reaching $16.99 monthly. Family plans, which allow access for up to six users, will see the most significant increase, rising from $16.99 to $19.99 per month. This translates to year-over-year price hikes of 20% for Premium, 30% for Duo, and 25% for Family plans.
“So that we can continue to invest in and innovate on our product features and bring users the best experience, we occasionally update our prices,” says Spotify in a blog post announcing the price changes. “Over the next month, subscribers in the US will receive an email explaining what this update means for their subscription.”
Spotify previously announced similar increases for international subscribers last month. Furthermore, according to a Bloomberg report from last month, Spotify is reportedly still on track to launch its rumored “Supremium” tier, offering features like lossless streaming. Intriguingly, some users have observed a Dolby Atmos logo appearing on the Now Playing screen within the app recently, potentially hinting at an inclusion in the Supremium plan’s offerings.
All information sourced from various sources purely for factual reporting purpose only.
Image courtesy: Karen Alarcon
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