Spotify has recently announced a price increase for all its subscription plans in the US, set to take effect in July 2024. This move follows previous price hikes in 2021 and 2022, indicating a trend towards higher costs for Spotify users. Here’s a breakdown of the upcoming changes:

– Premium Individual plan: Increasing by $1 to $11.99 per month
– Premium Duo plan: Rising by $2 to $16.99 per month
– Family plan: Seeing the largest increase of $3, now priced at $19.99 per month

New users signing up for Spotify will still enjoy the current rates for their first month of the trial period. However, they will be charged at the new prices starting from their next billing cycle. The reason behind these price adjustments, according to Spotify, is to support ongoing investments in product innovation and feature enhancements to deliver the best user experience.

The announcement of this price hike was made through a blog post by Spotify, and existing users can expect to receive emails informing them about the upcoming changes. This decision comes shortly after similar price increases were implemented in other major markets like the UK and Australia.

Stay tuned for more updates on how these changes will impact your Spotify subscription!