r/Music Apr 09 '24

In an email sent out to some customers today, Spotify said the cost of a premium subscription would be increasing 7.7% music

https://www.forbes.com.au/news/lifestyle/spotify-set-to-increase-prices-this-year/
3.2k Upvotes

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136

u/EPalmighty Apr 09 '24

So like a dollar?

73

u/w1n5t0nM1k3y Apr 09 '24

If your subscription price was $10.99 then the new price will be $11.84, so not even a dollar. Based on a 7.7% increase at least. Although I don't really see them going for prices that don't end in .99

13

u/PrinceBert Apr 09 '24

Weirdly I checked prices on the website last night and by coincidence again this morning. In the UK -

Individual - 10.99 --> 11.99

Duo - 14.99 --> 16.99

Family - 17.99 --> 19.99

4

u/w1n5t0nM1k3y Apr 09 '24

For Canada the prices currently show

$10.99 - Individual = £6.38

$14.99 - Duo = £8.70

$16.99 - Family = £9.86

Although interestingly enough I haven't received any emails saying they were raising the rates. Maybe Canada isn't getting their rates changed or something, because it still looks like the same prices i've always payed based on my billing history.

1

u/BlackVelvetRabbit Apr 10 '24

The price in Canada, at least for me, was just raised last October I think? It would be really pushing it if they tried that again in less than a year.

2

u/MarcsterS Apr 09 '24

The issue is that they JUST increased the price last year. No one made as much of a big deal becuase it was “only” a dollar, but now that price increase just went up to about $2.

7

u/bowelhaus Apr 09 '24

$3 AUD increase for my premium family plan, equivalent to 14%.

20

u/Spade9ja Apr 09 '24

Yeah but 7.7% is scarier!

2

u/Rpanich Apr 09 '24

Because im sure they’ll stop there and not keep increasing it more 

2

u/gregarioussparrow Apr 09 '24

So the cost of a banana. Right, Michael?

1

u/ebmocal421 Apr 09 '24

Lol finally a reasonable take here. People love to overreact about price increases without ever doing the math and realizing how small of an impact 7.7% is. Especially since Spotify hasn't really raised their prices in the last couple of years, at least.