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Update, April 26th 12:50PM ET : Article updated with additional details on markets affected. So I recently discovered that spotify have now got an account for couples called Spotify Duo. Spotify is due to post its latest earnings on Thursday, which will provide even more insight into why prices are increasing. Despite this, Spotify still made a loss of €125 million in the recent quarter, and average revenue per user also fell by 8 percent. Spotify’s price increases come just months after the company revealed it now has more than 150 million subscribers. We ask members to verify that they live with the plan manager by providing their full address: When they join When the manager changes address If we can't confirm their info Note: We don’t track your location.
#Spotify duo update
“We offer a variety of subscription plans tailored to our users’ needs, and we occasionally update our prices to reflect local macroeconomic factors and meet market demands while offering an unparalleled service,” says a Spotify spokesperson. The plan manager can check and change their address on their Duo page. Spotify confirmed the increases in a statement to The Verge, and it’s likely we’ll see US pricing changes shortly, too. Some countries in Asia and South America will also see similar price increases.Īll existing Spotify subscribers in the US, Europe, and UK users of Spotify will have a one-month grace period before prices are automatically increased, so existing subscribers will see an increase during the June period of billing. The Family plan in Europe is also increasing from €14.99 to €17.99 per month. Ireland and a handful of other European countries will see both Student and Duo increasing by a euro each per month, to €5.99 and €12.99 per month respectively. Similar price increases will affect Spotify users in some European countries, too. Spotify’s miniplayer for Facebook launches today Spotify reportedly won’t take a cut from podcasters who sell in-app subscriptions