Spotify is putting up its prices around the world
Spotify set to increase prices for millions worldwide
- Spotify is increasing the price of its paid-for, premium subscription tier globally.
- The price hikes will affect users in Europe, South Asia, and other regions, with affected customers to be notified by email.
- Some European countries, including Portugal, Italy, and France, have already seen prices rise by €1 for new subscribers.
- Spotify stated the price increase is to enable continued innovation in product offerings and features.
- Following the announcement, Spotify's share price rose by around 8 per cent, despite recent reports of lower-than-expected subscriber growth.