Spotify Price Hike Hits US Subscribers

The streaming giant has announced its latest price increase, with Premium plans set to rise from $11.99 to $12.99 per month for individual users and from $5.99 to $6.99 for students. Duo plans will jump from $16.99 to $18.99, while Family plans will increase from $19.99 to $21.99. This marks the third price hike since 2023, as Spotify continues to reassess its pricing strategy in an effort to remain competitive in the crowded music streaming market.