LONDON: Spotify Technology on Monday raised prices for its premium plans across several countries, as the music-streaming company looks to boost profitability in an uncertain economy.
The move will result in a $1 price increase for Spotify’s US plans, with the premium single now starting at $10.99, duo at $14.99, family at $16.99 and the student plan at $5.99.
Spotify announced that 33 countries, specifically most of which are in the North America and European area, will be affected by the increase.
The Swedish streaming platform…
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