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Bloomberg Reports: Spotify Prices Set to Increase in the Coming Year

Spotify is planning to increase prices for its premium subscriptions in select markets, including the US, according to a report by Bloomberg. This means that users could see a price hike in the near future. The company is also working on introducing new tiers such as a basic tier and a “supremium” plan.

In markets like the UK, Australia, and Pakistan, price increases are expected to be around $1 to $2 per month by the end of this month. The US will see a price hike later in the year. Additionally, Spotify is rumored to be working on new plans like a basic tier that includes music and podcasts for $11 a month for an individual premium plan. Users would need to pay extra for audiobooks under this tier. The “suprem

By Samantha Jones

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