The latest trend all streaming giants are following is, sadly, to make an even bigger dent in our wallets. These days we’re seeing just about everyone increase their prices, from Google’s YouTube Premium to NBCUniversal’s Peacock. The latest one to bite the bullet is, sadly, what might probably be the biggest music streaming service around — we’re talking, of course, about Spotify.
We’ve seen many different streaming services raise their prices, but for the most part, these have been mostly video streaming services from the likes of Paramount+, Peacock, and more recently, YouTube. As a result of YouTube Premium increasing its prices, the price of YouTube Music also went slightly up, and it seems like that’s all it took for Spotify to take the big step as well, as the company announced a price hike across all of its tiers.
If you pay for a single Spotify Premium subscription, it now costs $10.99. A Duo subscription for two people is now $14.99, while a Family subscription is costing $16.99. The discounted Student subscription, previously $4.99, is now $5.99. These are all $1 price increases, so comparatively to the price hikes other services have gone for, these are rather mild. Still, they can add up very quickly, especially if you have many streaming services rather than just one.
In addition, this price hike is also applying to a lot of countries as well, rather than just for the US. The countries that will get price hikes are the following:
Andorra, Albania, Argentina, Austria, Australia, Bosnia and Herzegovina, Belgium, Bulgaria, Brazil, Canada, Chile, Colombia, Costa Rica, Cyprus, Denmark, Ecuador, Estonia, Spain, Finland, France, United Kingdom, Greece, Guatemala, Hong Kong, Croatia, Indonesia, Ireland, Israel, Iceland, Italy, Lithuania, Luxembourg, Latvia, Monaco, Montenegro, North Macedonia, Malta, Mexico, Netherlands, Norway, New Zealand, Peru, Portugal, Serbia, Sweden, Singapore, Slovenia, Slovakia, San Marino, Thailand, Türkiye, United States, Kosovo.
The prices we mentioned above are valid for the US, so if you live in any of the above countries, you should go to your country’s Premium page to know exactly how badly you’ll be hit by this change.
Source: Spotify
