Spotify Announces Price Hike and Addition of New Subscription Option

Wednesday, 3 April 2024, 15:29

Spotify is set to raise its prices and unveil a new subscription tier according to a recent report. The streaming giant will introduce a 'basic' tier that excludes access to audiobooks in the monthly subscription cost. This move aims to diversify offerings and cater to different user preferences.
https://store.livarava.com/5c463fd7-f25f-11ee-8958-87cc5c87fb08.jpg
Spotify Announces Price Hike and Addition of New Subscription Option

Spotify's Latest Subscription Changes

The recent report by unnamed sources revealed that Spotify is planning to hike prices and introduce a new subscription tier. This new 'basic' tier will not include access to audiobooks as part of the monthly subscription cost.

Key Details:

  • Price Increase: Spotify is expected to raise its prices.
  • New Subscription Tier: The introduction of a 'basic' tier without audiobooks.

This strategic move by Spotify aims to provide users with more flexibility in choosing their subscription plans and enhance profitability.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe