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Spotify on a phone next to a guitar

Credit: Edgar Cervantes / Android Authority
  • Spotify will reportedly hike prices for its individual Premium plan in the US.
  • The streaming service later confirmed the news in a press release.
  • It confirmed that the price hike affects plenty more markets.

Update: July 24, 2023 (7:35 AM ET): Spotify has now made it official, confirming (h/t: The Verge) that it’s increasing the price of its Premium subscription in a ton of markets.

The streaming service revealed that a Spotify Premium subscription will now cost $10.99 a month in the US. It also revealed that the Duo, Family, and Student plans will now cost $14.99, $16.99, and $5.99 respectively. This is a $1 leap across the board, with the exception of a $2 hike for the Duo tier.