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Spotify Again Raising Prices in U.S. — With Families Seeing Biggest Increase

Spotify's premium subscription prices are being raised beginning July 2024 — by $1 for individual and duo users and $3 for family plan members.

For most of its existence, the company focused on rapid subscription growth over profits, though the mood has since shifted, with major labels and others welcoming price hikes as streaming’s importance to their bottom lines continues to increase. The price increase comes at the end of a “period of relative peace” between Spotify and music publishers following the former’s decision to pay the latter — and songwriters — a discounted rate for streams on several tiers. In response, the NMPA sent the company a cease and desist for alleged unlicensed content and the Mechanical Licensing Collective (MLC) filed a lawsuit explicitly about the bundling.

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