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Spotify is raising the cost of Premium subscriptions, again (www.engadget.com)

submitted 5 months ago by cyberpunk007@lemmy.ca to c/technology@lemmy.world

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Spotify is officially raising its Premium subscription rates in the US come July, following reports of the move in April. The platform is increasing its Individual plan from $11 to $12 monthly and its Duo plan from $15 to $17 monthly — the same jump as last year's $1 and $2 price hikes, respectively. However, its Family plan is going up by a whopping $3, increasing from $17 to $20 monthly. The only subscribers getting a break are students, who will continue to pay $6 monthly.

Spotify announced the price hikes less than a year after its previous one last July. Before that, Spotify hadn't raised its fees since launching a decade and a half ago. I guess it was too optimistic to hope the next increase would also take that long, especially with Spotify's continued focus (and money dump) on audiobooks.

Premium subscribers should receive an email from Spotify in the next month detailing the price hike and providing a link to cancel their plan if they would prefer to do so. Users currently on a trial period for Spotify will get one month at $11 after it ends before being moved up to a $12 monthly fee.

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[–] archomrade@midwest.social 3 points 5 months ago (2 children)

Hey if you find value in paying a subscription go nuts, I won't throw shade

but i used spotify for almost 15 years. Averaged out to $8 a month that's more than $1400, and how much of that music do you think I own?

You can do what you want with your money but I'm not paying another dime to subscription streamers. For discovery there's still radio and youtube and ad-supported streamers, and I still find new artists at music festivals and local venue concerts all the time.

Spotify is a solution in search of a problem.

[–] Danquebec@sh.itjust.works 1 points 5 months ago

There's Bandcamp, also, for discovery.

[–] Emoba@discuss.tchncs.de 0 points 5 months ago

You'll own nothing and you'll like it

I won't throw shade