Beginning Monday, new subscribers will pay $1 more per month for its ad-free premium plan, rising to $10.99 per month. Current customers are being given a “one-month grace period before the new price becomes effective,” Spotify said. Spotify’s other tiers, like its family and student plans, are also getting a $1 per month bump. The monthly cost of Duo, a plan that lets two people split a premium plan, is rising by $2, to $14.99.
In a release, Sweden-based Spotify said the “market landscape has continued to evolve since we launched” in 2008, and that the price hikes “will help us continue to deliver value to fans and artists on our platform.” Subscribers will get an email on Monday alerting them to the new prices. Spotify\n \n will also continuing offering a free plan, which includes ads and limited features. Shares of the company popped more than 1% in premarket trading Monday.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
More states want to let kids work as bartenders | CNN BusinessMore states are letting teenagers serve alcohol at bars and restaurants, part of a growing rollback of child labor protection laws across the United States.
Source: CNN - 🏆 4. / 95 Read more »
Elon Musk says Twitter logo to change, birds to be gradually abandoned | CNN BusinessElon Musk tweeted on his official account on Sunday that Twitter would be changing its logo to an “X” and that all the birds will be disappearing from the platform.
Source: cnni - 🏆 326. / 59 Read more »
'It comes up on you fast:' Scorching heat is crushing American businesses | CNN BusinessA 119-degree day in Phoenix hits like a blast of hot air from the oven with no relief in sight, and for a business owner like Lyn Thomas, there’s hardly any avoiding it.
Source: CNN - 🏆 4. / 95 Read more »
'Barbie' dominates the box office, raking in a $155 million opening weekend | CNN BusinessGreta Gerwig’s “Barbie” raked in a stunning $155 million domestically over the weekend, giving the film the largest opening weekend of 2023 and the biggest ever debut for a female director.
Source: CNN - 🏆 4. / 95 Read more »
What's ahead this week for Wall Street and the economy | CNN BusinessWhat's ahead this week for Wall Street and the economy | Analysis by Krystal Hur
Source: CNN - 🏆 4. / 95 Read more »