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Fortune
Fortune
Chris Morris

Spotify increases subscriber prices for the second time in a year—the latest service to jump on the price-hike bandwagon

(Credit: Jonathan Raa/NurPhoto via Getty Images)

For the second time in under a year, Spotify is raising its price for subscribers.

Starting next month, the company says subscribers in the U.S. will pay an extra $1 per month for ad-free streaming, bringing the price to $11.99 per month. That follows an announcement last July, when it hiked the price from $10.99 per month.

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