Spotify is elevating the worth of its ad-free premium service in additional than 50 international locations, together with the US, UK and Ireland.
The music-streaming firm, which has greater than 200m Premium subscribers, mentioned the transfer will lead to a $1 (78p) enhance for US-based plans.
This means the worth of a single plan will now begin at a month-to-month price of $10.99 (£8.56), duo at $14.99 (£11.68), the household plan at $16.99 (£13.29) and the scholar plan at $5.99 (£4.67).
The value of UK-based plans is ready to extend by £1, in line with know-how information webiste The Verge.
A complete of 53 international locations can be affected by the worth hike, together with Spain, Australia, Canada and France.
The firm mentioned present subscribers can be notified one-month earlier than value modifications come into impact.
It comes as the opposite streaming providers have additionally raised costs attributable to growing stress from buyers to spice up profitability after years of rising consumer numbers.
Services from Apple and Amazon have elevated costs this yr, whereas YouTube additionally hiked costs final week on its month-to-month and annual premium plans within the US, the primary time because the subscription service was launched in 2018.
In latest months, Spotify has laid off lots of of workers and restructured the podcast unit, which it had constructed up with billions of {dollars} in funding, as a way to enhance revenue.
The Sweden-based firm mentioned Premium subscribers must change to their free ad-supported service if they don’t want to pay the upper charge.
Source: information.sky.com”