Spotify Announced New Pricing Structure: Premium Single $10.99/mo; Premium Duo $14.99/mo; Premium Family $16.99/mo
Portfolio Pulse from Charles Gross
Spotify has announced a new pricing structure for its premium services. The new prices are $10.99 per month for Premium Single, $14.99 for Premium Duo, and $16.99 for Premium Family. The Premium Student remains at $5.99 per month.
July 24, 2023 | 10:16 am
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POSITIVE IMPACT
Spotify's new pricing structure could potentially increase its revenue if the price increase does not significantly impact the number of subscribers.
The new pricing structure directly impacts Spotify's revenue. If the price increase does not lead to a significant drop in the number of subscribers, it could result in increased revenue for the company. However, the impact on the stock price will depend on how the market perceives this change.
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IMPORTANCE 75
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