Spotify subscribers will receive an email explaining what this update means for their plans
Spotify is increasing the prices of its Premium, Duo and Family plans in the US once again in under a year.
From July, users will be charged $11.99 per month for Premium (up from $10.99), $16.99 for Duo (up from $14.99), and $19.99 for Family (up from $16.99).
Subscribers in the US will receive an email explaining what this update means for their subscription.
The Swedish audio-streaming giant states these price updates are necessary to continue investing in and innovating their product features and user experiences. The company is heavily investing in audiobooks.
It gained 4 million paying subscribers and 30 million active monthly users between 2022 to 2023.
Subscription rates of Spotify competitor Apple Music start at $10.99 per month.