The company has begun to send notifications to users who will receive an official letter explaining the reasons for the increase in price during the next month. An increase in the cost of subscription is explained by Spotify’s financial indicators, especially with the desire to improve profitability.
Against the background of this message, Spotify shares increased by about 3% during the preliminary bid. Since the beginning of 2025, the cost of company documents has increased by about 40%. However, despite the growth of interest in the service, Spotify offered a three -month profit estimation that appeared to be lower than analysts’ expectations. One of the reasons is the tax burden on the wage of employees who have a positive effect on increasing the number of students.
Source: Ferra
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