Spotify ready to introduce a more expensive subscription plan

Ro, 12 June 2024

According to a source familiar with the matter and close to Reuters, Spotify plans to release a more expensive subscription plan very soon. To be fair, we've been hearing about a pricier tier for some time now, but the new report suggests Spotify is close to making it a reality.

Spotify ready to introduce a more expensive subscription plan

Of course, the new subscription plan will include HiFi audio streaming and will also offer more advanced tools for creating and managing playlists and entire song libraries. The plan is said to cost around $5 more on average, depending on the region. That makes about a 40% increase in price for most regions.

Spotify recently bumped up its subscription plan in the US by $1 in order to increase its profit margin. But that's for the single plan. The Duo plan asks $2 more, while the family package is up $3.

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Reader comments

You guys pay for Spotify? I'm using adblocker and using it for free, no ads, full albums, no restrictions (not that I know of so far)

Music streaming services are the best subscriptions available to buy. Millions of people use Spotify, YouTube Music, etc. because these are extremely convenient. I don't think these tech companies are worried about some teenage techlords w...

Good luck with that dont have spotify, dot use spotify and dont plan to use it, Have youtube where is everything and via operabrownser have zero ads over internet and have zero ads in youtube too. Paying for something which i have free from you...

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