New prices at Spotify had already been announced in June 2023. Prices will also be raised in Germany with immediate effect – but not for everyone.
Munich – Spotify is the most popular music streaming service in Germany. In 2022 it had a market share of over 30 percent. But now an immediate price increase has been announced.
Spotify announces price increase – something that has been going on abroad for some time
According to the Federal Association of the Music Industry (BVMI), the market share of music streaming services in Germany is around 46 percent. According to the BVMI’s “Music Consumer Insight Report” there are said to be 523 million paying users worldwide. 210 million on Spotify alone. In Germany, users primarily listen to music on Spotify, followed by Apple Music as well as Amazon Music Unlimited and YouTube Music. The price for one person on Spotify was previously 9.99 euros per month.
There has now been one for German customers Price increase published that have been around for a long time in other countries such as the USA. “As we continue to expand our platform, we are updating the pricing of our premium subscriptions,” Spotify announced. “This is necessary so that we can continue to innovate as market conditions change. These pricing changes help us continue to deliver value to fans,” the streaming service wrote. A The new update pleased many Spotify users at the beginning of 2023.
Spotify is increasing prices: This is how expensive the subscription is now for users
Spotify Premium now costs 10.99 euros instead of 9.99 euros. Spotify Duo, where two people share an account, will now cost 14.99 euros instead of 12.99 euros. The more people share an account, the more the prices increase. The family subscription, with which even five members can use one account, will increase to 17.99 euros – previously the price was 14.99 euros. These prices apply to new or returning users to a premium subscription.
Existing customers will still pay the old price at least this year, but this will be increased next year. From January 1, 2024, existing customers will also have to dig deeper into their pockets. However, if you are already a Spotify customer, you don’t have to simply accept this price increase. However, the account will then be switched to the free and ad-financed subscription. Users should therefore be aware that they must accept the price increase if they want to continue using their account as before.
2023-10-04 09:01:17
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