Essential information
- This week, Spotify revealed plans to hike prices for its Premium Individual subscription in various regions.
- The fee will rise from €10.99 to €11.99 per month in areas such as Europe, Latin America, Africa, and the Asia-Pacific.
- The firm will start notifying users via email in advance of the changes set for September.
Spotify is announcing a price increase for its Premium offering this week; however, it will not impact every user.
In a post on its Newsroom, the music streaming service shared that it will soon adjust the Premium billing rates for users in multiple regions come September. According to Spotify, the “Premium Individual” plan will see an increase from €10.99 to €11.99 per month. This change will be applicable to customers in Europe, Latin America, Africa, and the Asia-Pacific.
Moreover, Spotify indicated that users in South Asia and the Middle East will also experience this pricing adjustment.