![]() Last fall, Apple Music raised its subscription price to $10.99 per month for individuals, with the family plan jumping two dollars to $16.99/month, among other plan increases. Amazon Music Unlimited also raised its monthly price to $10.99 (for non-Prime members), and this week YouTube increased the price of the YouTube Music Premium plan to $10.99/month (while also raising the fee for YouTube Premium by $2, to $13.99/month). Number of Spotify monthly active users (MAUs) worldwide from 1st quarter 2015 to 3rd quarter 2023. Offer available only to students at an accredited higher education institution and if you havent tried Premium before. Basic Statistic Spotify: cost of revenue 2012-2022. Offer currently includes access to Hulu (With Ads) plan, subject to eligibility. VIP+ Analysis: Why Spotify’s Price Increase Is Overdue Spotify Premium will now cost 10.99 per month in the UK for an Individual account, going up by 1 from 9.99 per. Free for 1 month, then 5.99 per month after. The Spotify Premium prices in United Kingdom are different depending on which Premium plan you choose: The Spotify Premium Individual plan costs 10.99 per month, the Premium Duo plan costs 14.99 per month, the Premium Family plan costs 17.99 per month, the Premium Student plan costs 5.99 per month. This is so we can confirm your country or region and process payments if you want to keep Premium after the trial ends. For free trials, you still need to enter a valid payment method to sign up. à la carte sales the pricing model changed a decade ago to Spotify’s monthly fee. ![]() “When our competitors are raising their prices, that is really good for us,” he said on the company’s third-quarter 2022 earnings call in October, noting that the company had to that point raised prices more than 40 times in markets around the world. If you’ve never had Premium or been a member of a Premium plan such as Family or Duo, try any plan for a reduced rate or even free. Why Spotify’s new audiobook offering is bad news. The move comes a day before the company’s second-quarter 2023 earnings on July 25, before the market opens.Įk has previously said the company is considering a price increase in the U.S., following price increases by rivals like Apple Music. Other regions in the world have these price ranges for the Duo plan: Africa - 1.60 to 6.49. This plan is free for a month, and after that, it costs 14.99 monthly. Spotify - which, per its last earnings report, is the world’s largest paid music-streaming service with around 210 million subscribers - is also increasing its Premium prices in around 50 other markets, including Canada, much of Europe, and markets in Asia, South America and Australasia. It says Premium subscribers will be “given a one-month grace period before the new price becomes effective, unless they cancel before the grace period ends.” Spotify Premium Duo is perfect for couples, friends, or siblings who want a discounted price for two premium accounts. “Starting from today, existing subscribers in these markets will receive an email explaining what this means for their account. In the US, the new prices are:
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