Spotify is going to raise the price of its Premium subscription in the US, according to The Wall Street Journal. The price will “probably” increase by $1, meaning it would cost $10.99 per month, with the change “expected” to be unveiled next week, the publication said. The price of Premium has remained $9.99 per month since it launched in the US 12 years ago.
While it may not be the most welcome news, it’s not entirely a surprise. Spotify CEO Daniel Ek has signaled that prices would increase in 2023 and reiterated in April that there would be a price increase this year. Spotify did not immediately respond to a request for comment.
Spotify increased prices for many subscriptions in 2021.
