Streaming services frequently implement subscription price increases, and Spotify is no exception. Over the years, the platform has raised its subscription fees in several countries worldwide. Recently, reports indicate that Spotify plans to increase its subscription prices in Latin America and Europe, potentially impacting many users in these regions. According to *The Financial Times*, Spotify is set to raise the price of its Individual subscription plan by approximately €1, which is roughly $1.14.
This price hike is expected to take effect starting June of this year in multiple European and Latin American countries. Additionally, Spotify has already implemented a price increase for all its subscription plans in the Netherlands and Luxembourg. The Individual plan now costs €12.99, reflecting an 18 percent increase from the previous price of €10.99. Furthermore, the Family and Duo plans have also seen price increases in these regions.
An insider has informed *The Financial Times* that Spotify’s push for higher prices will likely intensify this summer. On a positive note for U.S. subscribers, they will not be affected by the upcoming price increases. However, Spotify is rumored to be introducing a super-premium option that could raise subscription fees by $6. This new tier is expected to include additional perks to justify the price increase.
Although specific details about these add-ons remain unclear, code strings discovered in the Spotify iOS app suggest plans to enhance the Premium experience. Reports indicate that Spotify is also considering options to limit access to new music releases for those subscribed to the super-premium service. In summary, while users in Europe and Latin America brace for higher costs, U.S. subscribers can breathe a sigh of relief, though changes may still be on the horizon.