Reported 27 days ago
Spotify is reportedly considering a new subscription model, set to launch later this year, costing $5.99 per month in addition to existing plans. This 'Music Pro' tier aims to provide features like higher-quality audio, remixing tools, and access to concert tickets. The company is currently negotiating terms with major music labels and ticket sellers. As streaming growth slows, Spotify seeks to cater to its most passionate fans, while also raising prices for current offerings.
Source: YAHOO