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Spotify hikes UK subscription prices
Spotify is increasing the cost of its UK premium subscription, the Money blog has revealed.
Emails have started going out to subscribers informing them the cost for an individual subscription will rise from £11.99 to £12.99 a month. It equates to an 8.3% increase.
Money latest: Restaurant sends bitter message to customers Spotify says subscribers will get a one-month grace period. It had announced earlier this year that prices would go up in various territories - but it had not been clear if this included the UK.
The last hike, also of £1, was introduced in the spring of 2024. Read more from Sky News Money:UK retail sales hit surprising highApple users could get 'significant' compensation'I lent my neighbour £1k and they won't give it back' Spotify told the Money blog: "As we continue innovating and enhancing the value we deliver, we periodically update our pricing to reflect local market conditions and economic factors, ensuring our service remains unparalleled." Subscribers who do not want to pay the extra £1 can cancel at any time before their next billing date.
Spotify's student discount, making a subscription £5.99, appears to be unchanged. Spotify, based in Sweden, is said to be the biggest music subscription service in the UK with 15.3 million subscribers - almost half the market..
Amir Nisi
Creative and experienced content writer with 6+ years of experience lazy to create unique content strategy for News5 to turn website visitors into customers.
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