economy
January 16, 2026
Spotify’s 3rd price hike in 2.5 years hints at potential new normal
Spotify claims the higher fees will help “benefit artists.”
TL;DR
- Spotify Premium monthly subscriptions are increasing from $12 to $13.
- Student plans rise from $6 to $7, Duo from $17 to $19, and Family from $20 to $22.
- This is Spotify's third price increase since July 2023.
- The company cites investment in product features and benefits for artists as reasons for the hikes.
- Recent feature additions include lossless audio, music videos, and new messaging features.
- Spotify reported paying $10 billion in music royalties in 2024.
- Despite financial growth, some industry critics question artist royalty payouts.
- Previous criticisms include CEO's investment in an AI company and running ads for US Immigration and Customs Enforcement.
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