Spotify Announces New Price Hikes Across Subscription Plans
TL;DR Summary
Spotify is raising the prices of its Premium subscription plans in the U.S., making them more expensive than Apple Music. The Premium Individual plan now costs $11.99 per month, while the Family plan is $19.99 per month. Spotify cites the need to invest in and innovate its offerings, including podcasts and audiobooks, as the reason for the price hike.
Topics:business#apple-music#premium-subscription#price-increase#spotify#streaming-services#technology
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