“`html
World Today News">
Spotify Premium Prices Rise Globally, Chilean Users Affected
Santiago, Chile – August 4, 2024 – Spotify, the world’s leading audio streaming service, announced today a series of price increases for its Premium subscription plans across numerous markets, including Chile. The changes, effective September 2024, impact individual, student, duo, and family plans, marking the second price adjustment for Chilean users in less than two years.
The announcement, made via a press release on Spotify’s official newsroom,affects regions in Southern Asia,the Middle east,Africa,Europe,the Asia-Pacific region,and Latin America. Spotify currently boasts over 602 million monthly active users globally,with approximately 226 million paying subscribers as of Q1 2024,according to company reports.
What are the New Spotify Premium Prices in Chile?
Spotify CEO Daniel Ek cited the need for continued investment in product innovation and features as the primary driver behind the price adjustments. The company aims to enhance user experiance and expand its offerings, including podcasts, audiobooks, and personalized playlists.
Subscribers will receive personalized email notifications in the coming weeks detailing the specific changes to their subscriptions. Spotify provided an example in its announcement:
“From its billing date in September, the price of its subscription will change from € 10.99/month to € 11.99/month. We increase the individual premium price to continue innovating in our products and functions, and offer you the best experience.”
The previous price adjustment in Chile occurred in 2023, increasing the individual premium plan from $4,150 CLP to $4,550 CLP. The new pricing structure, as detailed on the official Spotify chile website,is as follows:
- Individual Premium: $4,950 CLP per month
- Student Plan: $2,700 CLP per month
- Duo: $6,750 CLP per month
- Family: $8,250 CLP per month
These changes reflect a broader trend in the streaming industry,with companies like Apple Music and Amazon Music also adjusting their subscription prices in recent months. Analysts predict continued price adjustments as streaming services seek
