Spotify increases U.S. premium plan prices for the second time in a year.

Spotify raised its U.S. premium plan prices for the second time in a year, increasing the Individual plan to $11.99, Duo plan to $16.99, and its Family plan to $19.99 per month. The company stated that this price increase will allow it to invest in and innovate on its product offerings and features. This marks the second price hike in a year, with the first one implemented in July 2022.