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Spotify plans to raise premium plan price in US -WSJ

Published 07/21/2023, 03:46 PM
Updated 07/21/2023, 07:26 PM
© Reuters. A smartphone is seen in front of a screen projection of Spotify logo, in this picture illustration taken April 1, 2018. REUTERS/Dado Ruvic/Illustration
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(Reuters) -Audio-streaming platform Spotify (NYSE:SPOT) Technology plans to raise the price of its ad-free premium monthly plan by $1 in the United States, the Wall Street Journal reported on Friday, citing people familiar with the matter.

© Reuters. A smartphone is seen in front of a screen projection of Spotify logo, in this picture illustration taken April 1, 2018. REUTERS/Dado Ruvic/Illustration

The company could increase prices in other markets too in the coming months, according to the report.

Spotify did not immediately respond to a Reuters request for comment.

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