"Spotify Announces Premium Price Adjustments In The US: Individual $11.99; Duo $16.99; Family $19.99; Student $5.99"
Portfolio Pulse from Benzinga Newsdesk
Spotify has announced adjustments to its Premium subscription prices in the US. The new prices are: Individual $11.99, Duo $16.99, Family $19.99, and Student $5.99. This change aims to support continued investment and innovation in Spotify's product features.
June 03, 2024 | 12:35 pm
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Spotify has increased its Premium subscription prices in the US to support continued investment and innovation. The new prices are: Individual $11.99, Duo $16.99, Family $19.99, and Student $5.99.
The price increase is likely to boost Spotify's revenue in the short term, as it directly impacts their subscription income. This move indicates a strategy to fund further innovation and product development, which could be positively received by investors.
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