Change comes after streaming giant attempts to boost margins with job cuts and restructure of podcasting unit
Spotify has raised prices for its premium plans across several countries, including the US, UK and Australia, as the music-streaming company looks to boost profitability in an uncertain economy.
Monday’s move will result in a $1-a-month price increase for Spotify’s US plans, with the premium single now starting at $10.99 (£8.57), duo at $14.99, family at $16.99 and the student plan at $5.99.
About Author
More Stories
BYD launches cheapest UK model in bid to overtake Tesla as biggest electric carmaker
Oil and gold prices soar and stock markets fall after Israel’s attacks on Iran
Trump trade deal shows how vital China’s rare-earth metals are to US defense firms