Spotify raises audio service prices in UK, Australia, and Pakistan by $1-$2 a month to fund audiobooks and introduces new pricing options.

Spotify plans to increase its audio service prices in the UK, Australia, and Pakistan, among other markets, by approximately $1 to $2 a month. The price hike, which is set to help cover the cost of audiobooks, will also introduce additional pricing options, including a potential "supremium" plan with high-fidelity audio. The company expects a 14% increase in premium subscribers to 239 million in the current quarter.

April 03, 2024
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