Spotify is one of the most popular music streaming services worldwide, with over 180 million users across the globe.
You can use the service for free, with certain limitations, or pay for a music subscription plan, upgrading you to a Premium account and removing all restrictions.
Sometimes, Spotify price increases are expected to happen, and this has been instigated as of 2021.
This article will help you find out the price hike you might be expected to see in your Premium plan.
The Spotify Family Premium plan is ideal for a family who wants to save on individual Premium plans.
You can add up to six accounts to the Family subscription, and you get a regularly-updated mix of all your tastes in one playlist.
The price of this has increased from $14.99/month to $15.99/month.
Fortunately, in the USA, Premium Student accounts and single Spotify Premium subscriptions are not affected as of 2021.
In the UK, Spotify users have also been subjected to price increases. The Student plan is increasing from £4.99/month to £5.99/month. However, this is not the only price hike.
Duo subscription plans, tailored for 2 people living under the same roof, have also increased from £12.99/month to £13.99/month.
Further to this, unfortunately, Family plans have also escalated from £14.99/month to £16.99/month.
Spotify confirmed the increase in its prices; a spokesman has stated:
”We offer a variety of subscription plans tailored to our user’s needs, and we occasionally update our prices to reflect local macroeconomic factors and meet market demands while offering an unparalleled service.” - Sourced from Insider.
The music industry is an ever-growing and competitive market, with different streaming services offering similar experiences with varied perks. Spotify’s price increases reflect the increasing demand for these services.
Existing Spotify subscribers should not be put off by these prices, however, as Spotify remains one of the most popular streaming platforms worldwide, offering great subscriptions that are worth the price.
If the price hikes are concerning and hard-hitting for you, we have a nifty new network to help save you money on your music subscription services: Together Price.
Together Price lets you split the cost of your music subscriptions so you can keep streaming tune after tune!
Together Price is the world’s first account-sharing site. We connect consumers in a secure social network so that you can save on subscription fees for online services, enjoying the same content for less money while we sort out the rest.
Together Price users can enjoy:
A Trusted Network based on high levels of control and reliability that can measure the credibility of every user.
The Tpassword System for the safety and security of your credentials.
One Digital Wallet to keep all your payments under control. We use Stripe as the payment system so that all of your payment details remain hidden from other users. Stripe also has a strict anti-fraud data protection system.
An exclusively dedicated chat line where you can communicate with other users.
All transactions take place in a safe environment with an SSL security certificate, so you don’t risk any details being leaked. Not to mention our 25-day cooling-off period, so that if on the off chance you do face issues from another user, you can always get your money back.
Fill in your details.
Create a group.
Decide if you want your group to be public (everyone on Together Price can ask to join) or private (you send invitations to whomever you decide).
Send an invitation link or wait for others to join.
Get paid monthly. The money goes into your digital wallet, and you can download it to your bank account after 25 days.
You can join someone else’s subscription group.
Sign up on Together Price. It’s free.
Fill in your details.
Search for groups you are interested in joining.
Join a group and pay monthly to the Admin! You will have to pay a small commission fee to Together Price for our service (less than $1).
With Together Price, you share and save while we sort out the rest!
That sums up why Spotify is hiking its subscription prices and what users can expect their new price to be.
If you would also like to save on your music subscription costs, Spotify only lets you do so among members of the family who reside in the same household.
However, other music streaming services like for example, Apple Music, Tidal, or Pandora allow you to share differently. So, you might want to check these out, and on Together Price, you can get more than one subscription by sharing it with others!