Spotify’s price hikes and lack of HiFi make me want to own music again


What you need to know

  • Spotify is raising the prices of Spotify Premium for the second time in as many years.
  • The new price for the Individual plan is $11.99, which is a dollar increase, while Spotify Premium Duo and Spotify Premium Family see larger increases.
  • This year’s price hikes are controversial due to Spotify’s recent axing of Car Thing support and the company’s inability to ship high-res audio support.

In the early days of streaming, price increases were few and far between, but they’re now more like an annual occurrence. Sure enough, Spotify announced Monday (June 3) that it would raise Spotify Premium prices for the second time in as many years. As a result of the change, Spotify Premium will cost more than its two main competitors, Apple Music and Tidal. The price hikes cover all Spotify Premium tiers, excluding the discounted student rate. 

Spotify announced the move in a press release, as well as in an email to subscribers. “So that we can continue to invest in and innovate on our product features and bring users the best experience, we occasionally update our prices,” the company said. “Over the next month, subscribers in the U.S. will receive an email (pictured below) explaining what this update means for their subscription.”

(Image credit: Spotify)

The price for a Premium Individual plan is now $11.99, which is a dollar more than the old rate and a dollar above the comparable Apple Music and Tidal plans. Spotify Premium Duo is up by $2 and costs $16.99—the old price of the Spotify Premium Family plan. Premium Family will now cost $19.99, a $3 increase. These numbers match an April report that speculated a price hike was coming. 




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