Reported 4 months ago
Spotify has announced a $1 to $3 increase in its US subscription plans, with Family plans going up to $19.99 per month and Spotify Premium rising to $11.99 per month. This marks the audio streaming company's second price hike in a year. Following the news, Spotify's stock surged nearly 5%, with analysts optimistic about the move to boost profitability and top-line growth.
Source: YAHOO