Spotify allegedly plans price increases in summer – also in Europe

Like the business newspaper Financial Times has learned to raise Spotify, to raise the subscription prices in many countries during the summer. In addition, the company is considering introducing a “super premium” tariff with new conditions and higher audio quality.

Spotify: Price increases in Europe allegedly in June

According to insiders, the group plans to raise the prices for individual subscriptions in Europe and Latin America by around one euro. Spotify could attract the price screw from June.

According to the report, managers from the music industry have long asked for services such as Spotify, Apple Music and others to increase their prices. Because from the point of view of the music industry, the subscription prices have increased more slowly than inflation and compared to video streaming subscriptions such as Netflix.

If Spotify should increase prices in Germany, the subscription would then cost 12 euros for one person instead of 11. It is currently unclear whether the fees for the duo and family subscription will also increase, but obvious.

Spotify: price increase in Germany last in October 2023

Spotify had last raised the prices by one to three euros in October 2023. At that time it was the first price increase for the premium individual subscription. When the music streaming service started in Germany in March 2012, a premium subscription cost 10 euros. Despite the higher prices, there were no changes to the range of functions at the time.

In addition to the previous subscription models, the company is also planning to introduce a “super premium” tariff. According to the report, the offer, which is supposed to be called “Music Pro”, will be 18 dollars for individuals and primarily aimed at music fans.

The more expensive subscription should Three new functions and have, among other things, the long -awaited loss -free audio quality on board. It should also offer remixing tools and access to concert tickets. Ticket sales should be part of a push of the music industry to capitalize on the “superfans”, it is said. The Financial Times report on the expected new tariff coincides with a report from Bloomberg from February 2025.

Spotify would be late with a loss-free streaming quality: Several Spotify competitors such as Tidal, Apple Music and Amazon Music have been offering such an option for years.