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International Business Times UK
International Business Times UK
Business
Thea Felicity

Spotify Confirms First Global Price Increase Since 2024, Users to Add More Than $1 Monthly

Spotify on MacBook Pro (Credit: sgcdesignco / Unsplash)

Spotify is raising the cost of its premium subscriptions for the first time in the United States since June 2024. Also known as 'streaming inflation', Spotify joins other platforms in increasing rates per year.

The Swedish streaming giant confirmed that the individual plan will increase by £1 ($1.15) per month, while the duo and family plans will rise by £1.73 ($2) and £2.60 ($3), respectively. Meanwhile, the student plan will remain at £4.89 ($5.99) monthly.

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