Spotify raises subscription prices | TechCrunch

Spotify Declaration Its premium subscription prices on Monday will increase for users in multiple markets across the Middle East, Africa, Europe, Latin America and Asia-Pacific.

Next month, affected customers will receive an email that explains that their monthly subscription costs will rise from 10,99 € to 11,99 € €

Spotify made a similar Change For users in the United States last year, the price raised from $ 10.99 to $ 11.99 – at that time, they identified the second example when the price raised over the past year.

This raising prices appeared after the rough income report of Spotifi last week, while the platform missed the expectations of the revenue, causing its share price Drop 11%. CEO Daniel is one of the CEOs calling for investors to earn State That he is “displeased where” [Spotify is] Today, “however” we are confident in the ambition we have kept for this business. “

Of Spotify Shares increased by 5% In pre-market trading after announcing the price raising.