Spotify’s new price for Premium subscribers and the reason for the Price Increase


By - Che Browndon
Written-on - June 6, 2024

Spotify

There has been frequent updates regarding a subscription price increase from major platforms such Netflix and even Crunchyroll. Unfortunately for spotify premium users, this same scenario is now going to apply to Spotify along with some exceptions. Spotify is a popular music streaming service that allow users access a vast library of songs.


Spotify Price Increase


Recently, Spotify released an update revealing there’s going to be a price increase for Premium subscribers.Spotify’s premium tier subscription has several advantages which includes the removal of ads, allows on-demand playback and also provides higher-quality audio. It turns out Spotify will increase their subscription price from $10.99 per month to $11.99 per month. This change will take effect From July 2024. Spotify released this information along with why they are going to increase the subscription price. The reason for the price increase is so that Spotify can invest in and innovate on their product offering and features to bring the best experience for their users. Which basically means they want more money. The exact release information reads;

“Thank you for being a premium subscriber. Starting on your billing date in July, your subscription price will change from$10.99/month to $11.99/month.

We’re increasing the price of Premium Individual so that we can invest in and innovate on our product offerings and features, and bring you the best experience.

Thank you for choosing Premium

The Spotify Team”

Spotify price increase

There was also a notice for those who wish to cancel their service which just means Spotify no longer cares what people do. They will increase the price regardless of what the public believes. It reads;

“If you do not wish to continue paying for premium at the new price Point, you can always cancel via your account page or visit our support site if you have more questions

If you’re currently on a trail, you won’t be charged until your trail ends. Once your trail ends you will be given 1 month on the current price of $10.99 prior to your bill being increased to $11.99”

Closure


There won’t be a major difference between the new and old price unlike that of Crunchyroll which isn’t bad but this won’t include any new services yet. Luckily, Spotify Premium users can always choose to drop the service if they are not happy with the price increase.


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