We advanced it a few months ago, and Spotify already made it official. The platform returned to Make the price of increasing your premium subscription in Spain and other countries of the European Union. The increase basically affects the individual plan, which, as of August, will stop cost 10.99 euros.
In particular, and, as you could check HypertualIndividual plan Spotify It will begin to cost 11.99 euros per month. Therefore, it involves an increase of 1 euro compared to the previous price. This means that users should pay 12 euros more per year if they want to continue to enjoy the plan with music without advertising and other advantages offered by the premium method.
SPOTIFY’s increase in price affects those new users who want to hire Individual planLike those who have already paid 10.99. In the next turnover, the position will come down from 11.99. This is an important difference for competition. In fact, the individual plan of Apple Music remains at 10.99 euros.
Spotify retains the price of other plans

At the moment, yes, the company has not changed the rest of the plans. The student plan remains at the level of 6.49 euros per monthWhile the family is 20.99 euros per month, and the duet is 16.99 euros per month. Again, they are higher than Apple Music, where the family plan is 16.99 euros per month, and student modality can be hired for 5.99 euros per month.
Spotify did not open The reason for the price increaseBut it is likely that this is a strategy to increase your income. This will allow the company to increase its profitability and continue to develop new advantages, as well as accept licensed costs for songs available on the platform.
In any case, it would not be strange to see another increase in prices in the coming months. In some regions, as in the Netherlands or Luxembourg, the individual Spotify plan is 12.99 euros per month. The duet and family plans have also risen in price in both regions.
Source: Hiper Textual

I am Garth Carter and I work at Gadget Onus. I have specialized in writing for the Hot News section, focusing on topics that are trending and highly relevant to readers. My passion is to present news stories accurately, in an engaging manner that captures the attention of my audience.