The Swedish Platform of Music in Streaming Spotify will increase the prices of their subscriptions this summer in “dozens of countries around the world”, as the British newspaper ‘Financial Times’ (FT) sources close to the company informed Friday.
According to the FT, the group intends to raise prices “in The equivalent of one euro in individual subscriptions in countries in Europe and Latin America “from June.
Instead, Spotify would maintain current prices in the United States, its largest market, this summer, since The subscription in the country has already increased in July 2024.
In recent weeks the technological company has already started the upload of fees in some places such as Netherlands or Luxembourg, but according to the British newspaper this initiative “It will intensify considerably” In the summer.
The sources cited by the British Financial newspaper also indicate that Spotify and other streaming platforms evaluate whether to collect an additional amount – about $ 6 per month (5.27 euros) more than the standard rate – for offering a “Super Premium” service that allows users to access in advance the music premieres and concert tickets.
Spotify actions have doubled their value in the last year and the company, which will publish its annual results on Tuesday, It has achieved both benefits and an increase in the number of subscribers.
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