Spotify is increasing subscription prices
It is not uncommon for us to report that streaming services are increasing the prices for their subscriptions. This is currently also the case with Spotify. The service informs users of the change via email.
So far, Spotify has had four different paid subscriptions. Premium Student for pupils and students for EUR 4,99 pro Month, Premium for 9,99 euros pro Month, Premium Duo for 12,99 euros pro Month and Premium Family for 14,99 euros pro Month. Now several users in Europe, Great Britain, Ireland and the United States are receiving an email from Spotify announcing a subscription price increase.
Spotify: Partly drastic increases
Almost all plans of the music streaming service are affected. Student is charged at 5,99 euros pro month and the price for Family will be increased from 14,99 euros to 17,99 euros – around 20 percent – pro month raised. As it seems, Premium and Premium Duo remain the same price as before. If anything else comes up here, we will of course also report about it.
Interestingly, Spotify suffered losses of €125 million in the last quarter. In addition, profits fell pro Users by eight percent.
The well-known prices will still apply for the next month. Starting in June, the first customers of the above-mentioned subscriptions will see the increase.