Spotify hikes subscription price for U.S. Premium users
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Spotify Premium subscriptions are getting more expensive.
The subscription price will rise from $11.99 per month to $12.99 per month in the U.S. for the February bill, the streaming platform said in a blog post. Prices in Estonia and Latvia are increasing to 11.99 euros (about $14).
Users will get an email with the update sometime in the next month explaining the change, Spotify said Thursday. That email will say that the price is increasing so the company can “keep delivering a great experience”
Spotify last bumped the Premium price for U.S. users in June 2024 to $11.99 per month. In July 2023, the price was raised to $10.99 per month.
The music streaming platform reported strong third-quarter earnings in November, but fourth-quarter revenue and total premium subscription guidance were short of analyst expectations.
Spotify began 2026 in a new era without co-founder Daniel Ek at the helm.
Ek stepped down as CEO at the beginning of January, turning over the company to co-CEOs Gustav Söderström and Alex Norström. The change was announced in September.
As the streaming platform has leaned in to artificial intelligence and expanded podcast and video features, the company has faced a wave of criticism from artists who have pulled their music in protest over Ek’s investment in defense technology firm Helsing.
King Gizzard & the Lizard Wizard, Deerhoof, Hotline TNT, Xiu Xiu, and Massive Attack, among other groups, have all pulled music, according to Fader.
Correction: This story has been updated to correct that the last price hike was in June 2024 and that the price in Estonia and Latvia is increasing to 11.99 euros.
