Spotify Hikes Prices of Premium Plans Again as Streaming Inflation Continues

Spotify's latest price increase has raised the monthly rates for its premium plans as follows:

1. Individual Premium Plan: The rate has increased by $1, from $10.99 to $11.99 per month.
2. Duo Premium Plan: This plan, which offers two accounts, has increased by $2, from $14.99 to $16.99 per month.
3. Family Premium Plan: The family plan, which provides access for up to six members of a household, has increased by $3, from $16.99 to $19.99 per month.

The Student Premium Plan remains unchanged at $5.99 per month. These new prices are effective immediately for new subscribers. Existing subscribers will receive an email about the price increase and will have a one-month grace period before the new prices take effect.

The new prices for Spotify's premium plans will take effect immediately for new subscribers. Existing subscribers will receive an email explaining the new prices over the next month, after which the new prices will be in effect for them as well5.