The music streaming company, Spotify has confirmed that it will increase the plan price of its subscription options in 12 territories, including the USA & UK.
NME reported, In the UK, three of Spotify’s four subscription plans – Duo, Family, and Student – will see an increase in their monthly price under the new changes, while Spotify Premium will remain priced at £9.99 a month. The new Spotify plan price points are set to come into effect from this Friday (April 30).
Premium Student is being raised from £4.99 a month to £5.99 a month, while Premium Duo is going from £12.99 a month to £13.99 a month. Premium Family will cost £2 more a month, going from £14.99 to £16.99 per month.
“I’m pleased with the continuing momentum we are seeing across many aspects of our business this quarter, including our subscriber growth.” Spotify CEO and founder Daniel Ek, who has recently launched a takeover bid to buy Arsenal football club, said of the news.
“2020 was a very strong year for Spotify and we believe Spotify is well-positioned to continue to extend our leadership globally as we move forward.”
Also, Recently, Spotify has collaborated with Facebook for allows users to listen to full songs on the latter social network in over 20 markets, including North America. The new in-built mini-player allows users to continue scrolling while playing Spotify audio. On April 26, Spotify subscribers in 27 markets can listen to full-length tracks and podcasts via the Facebook iOS and Android apps.