Spotify Raises Subscription Prices Again
Spotify has announced another price increase for its subscription plans, marking the third adjustment in 2023. This change primarily affects subscribers in the United States, along with customers in Estonia and Latvia, who will soon receive notifications regarding the updated prices.
New Spotify Pricing Structure
Starting with the next billing cycle, the price for individual Premium plans in the U.S. will rise from $11.99 to $12.99. The Student plan will see an increase from $5.99 to $6.99. Other subscription options will experience even larger hikes:
- Duo plan: increases from $16.99 to $18.99
- Family plan: rises from $19.99 to $21.99
Impact on International Subscribers
While these increases are U.S.-specific, users in Estonia and Latvia can find details on the new pricing by visiting Spotify’s official website. Spotify’s rationale for the price adjustments was shared in emails sent to subscribers. The company stated that the changes are made to reflect the value they provide, ensuring a superior experience for users and support for artists.
Company Statement
According to Spotify, “Occasional updates to pricing across our markets reflect the value that Spotify delivers, enabling us to continue offering the best possible experience and benefit artists.” This statement emphasizes the company’s commitment to enhancing user satisfaction while supporting the creators on their platform.
