Spotify to hike price on some of its subscription plans

Spotify Technology will increase the prices on some of its subscription plans in the United States and the United Kingdom from April 30.
Spotify music streamingSpotify, a leading music streaming platform, will increase the price of Family Plan subscription by $1 to $15.99 per month in the United States.

Spotify will increase the price of its Student, Duo and Family Plan subscriptions in the United Kingdom. Student and Duo monthly plans in the UK will cost 5.99 pounds ($8.32) and 13.99 pounds, respectively, up by a pound from the earlier plan. Spotify will increase the price of its Family Plan by 2 pounds to 16.99 pounds a month.

Existing paid subscribers in the UK have a one-month grace period before the new prices come into effect, while U.S. users will have 2 months, a Spotify spokeswoman said. The prices will be updated on the company’s sites on April 30.

In February, Spotify said it would expand into 85 new markets and make the music streaming service available to more than a billion people around the world.

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