Bad news for subscribers Spotify. The veteran streaming platform has announced in its blog a new price increase in your rates. This comes a year after Spotify uploaded them for the first time in its history – it was launched in 2008 – last summer.
The 2023 rise was global, but this starts with the United States before reaching other countries. Spotify does not mention other markets in its publication and places July as the date on which it will begin to apply. If we take into account the correlation that has existed until now between the prices in dollars and euros of their payment plans, It can be expected that the same increase, in euros, will be seen here.
The subscription Spotify Premium increases 1 dollar a monthgoing from $10.99 to $11.99. Spotify Duo goes up 2 dollars monthly, $14.99 to $16.99. and the plan Familiar receives an increase of $3 in each monthly payment, increasing $16.99 to $19.99.
The current rate of each of these plans in Spain is €10.99, €14.99 and €17.99, respectively, with which we can get an idea of how much Premium, Duo and Family will cost once the increase arrives in Europe. The only plan that does not increase in price is the one for students, the cheapest, at $5.99 / €5.99 each month.
“So that we can continue to invest and innovate in the features of our products and provide users with the best experience, We occasionally update our prices”, explains the platform.
When will this rise arrive in Europe? Last month Bloomberg reported on Spotify's plans to increase its price in “numerous key markets” in the second half of this year, so we won't have to wait too long. He also assured that Spotify continues to move forward with the creation of a new plan Super premium which he has been working on for years and which includes new features on the platform. Among them, the transmission of lossless audio.
This refers to the use of audio formats such as FLAC in which no information is lost during the compression process. Unlike lossy compression, which removes certain data from the audio file to reduce its size and facilitate streaming, lossless compression preserves all the original data and ensures the same quality.