Spotify Follows Apple Music, Plan To Raise Its Subscription Price Next Week

[RAMROD 117,035]

Spotify has resisted increasing its monthly subscription price for as long as possible. According to the Wall Street Journal, the subscription music service will issue a price increase in the US as soon as next week.

According to the report, Spotify will raise its standard subscription rate by $1 next week, bringing the monthly cost from $9.99 to $10.99.

The pricing change will only affect the ad-free premium tier. Dozens of other markets will see price increases “in the coming months,” the report adds.

The move comes almost a year after Apple Music bumped its subscription price from $9.99 to $10.99. Amazon Music and other music streaming services followed Apple earlier this year.

Spotify also recently kicked its legacy subscribers off App Store payments, forcing subscribers to pay Spotify directly. The move removes Apple’s cut and ensures Spotify sees the full revenue stream.

 

https://9to5mac.com/2023/07/21/spotify-price-increase/

[nATAH 56,963]

is this just in the US?

[Ronnie 6,099]

It honestly blows me away that we only pay $10 a month for unlimited music when not too long ago we were paying $15 for ONE album. 

[Anderson123 42,687]

3 minutes ago, Ronnie said:

It honestly blows me away that we only pay $10 a month for unlimited music when not too long ago we were paying $15 for ONE album. 

Now imagine artists trying to make it in the early 2000s after Napster and every music file available online for free.

[TheFame Monster 9,015]

6 minutes ago, Ronnie said:

It honestly blows me away that we only pay $10 a month for unlimited music when not too long ago we were paying $15 for ONE album. 

who’s “WE” 

[RAMROD 117,035]

17 minutes ago, NATAH said:

is this just in the US?

No. Rest of the world follows after.

[Ronnie 6,099]

26 minutes ago, Anderson123 said:

Now imagine artists trying to make it in the early 2000s after Napster and every music file available online for free.

Right? Streaming has to be very affordable or most will get it for free somewhere. 

[Ronnie 6,099]

30 minutes ago, TheFame Monster said:

who’s “WE” 

Pre-Napster, darling. Unless you were five finger discounting CDs as well 

[nATAH 56,963]

47 minutes ago, Ronnie said:

It honestly blows me away that we only pay $10 a month for unlimited music when not too long ago we were paying $15 for ONE album. 

some of us still do

[Guest]

YouTube Premium just sent an email about raising their price too.

[AURAOFSHEISSE 6,517]

I have a student sub to Apple Music will my 4.99 go up a dollar

[RAMROD 117,035]

4 minutes ago, AURAOFSHEISSE said:

I have a student sub to Apple Music will my 4.99 go up a dollar

Yup. In the United States and Canada, the price for the plan has increased from $4.99 to $5.99. In the United Kingdom, the price has increased from £4.99 to £5.99

[Economy 52,845]

I usually hate rising prices but given how the price has stayed flat for so long despite the fact that inflation never stops I think this is totally justified

 

A monthly subscription for unlimited access costs less than 1 album used to cost as @Ronnie mentioned is crazy and no wonder artists get peanuts (especially more underground artists, A-List Celebs still make millions off us peasents yearly other ways)

[Economy 52,845]

6 hours ago, Anderson123 said:

Now imagine artists trying to make it in the early 2000s after Napster and every music file available online for free.

Although in the 2000s (I remember 2004 to 2008 stuff like limewire and frost wire was huge) and many ppl just didn't pay for music period... I still feel they were better off than now

 

Many ppl were still buying albums despite the free music because collecting albums was just a niche ppl were into. Album did fall a lot in the 2000s but they were still higher than today when almost everyone has totally given up on the idea of album collections

 

I feel like the increase in streaming revenue for many artists still does not make up for the further decline in sales since the early to mid 2000s

[Helxig 45,336]

I'd be so happy with this if the extra profit went directly to the artists we choose to listen to... but we all know that aint happening