After asserting it’s raising prices in areas together with Europe, South Asia and Latin America, Spotify is reportedly about to extend costs once more within the US.
The US is included within the newest Spotify value hike on its Premium companies beginning in early 2026, in keeping with the Financial Times, which cited three sources accustomed to the streaming music firm’s dealings. For now, the least costly Premium plans within the US begin at $12, however the value hike would possible put it in step with the opposite areas the place the Premium plan prices about $14 a month.
Do not miss any of our unbiased tech content material and lab-based evaluations. Add CNET as a most well-liked Google supply.
Spotify additionally presents a Premium Household plan that covers six folks in the identical family for $20 and plans for college students ($6 a month bundled with Hulu) and {couples} ($17 a month). Spotify additionally presents a Basic plan that doesn’t embody entry to audiobooks for $11 a month. A consultant for Spotify didn’t instantly reply to a request for remark.
A gradual enhance
If the report is correct, this could be the third value enhance on Premium plans within the US since 2023. Earlier than these hikes, Premium plans had been $10, however Spotify raised its minimum price by $1 in 2023 then again in 2024.
Simply this week, Spotify added the flexibility to seamlessly import playlists from different music companies together with Apple Music and Tidal.
Spotify has confronted some controversy this yr, together with some music acts abandoning the platform and a few clients canceling subscriptions over advertising for Homeland Safety’s ICE program. CNET has a information for canceling your Spotify subscription.
The corporate is the market chief amongst music streaming apps with about 32 p.c market share as of the tip of 2024.
