![]() Once the free trial ends, those premium subscribers will get one month of Spotify Premium at $9.99 a month. Subscribers utilizing the one-month free trial will not be charged until the end of the free trial. The email also includes information and links to cancel a premium account or to visit their support site for additional questions. “We’re increasing the price of Premium (Individual) so that we can continue to invest in and innovate on our product offerings and features, and bring you the best experience,” the Spotify Team said in their Jemail. At that time, it will increase to the new price. Subscribers will continue to pay the current price until their September billing date. Spotify sent current subscribers an email notifying them of the change, and premium subscribers will also receive a pop-up message when they access Spotify in the app. “The market landscape has continued to evolve since we launched. So that we can keep innovating, we are changing our Premium prices across a number of markets around the world. These updates will help us continue to deliver value to fans and artists on our platform,” Spotify said. Spotify made the announcement on their For the Record blog on Monday, noting that with more than 200 million premium subscribers, they are the world’s most popular audio streaming subscription service. Price increases range from $1 to $2 per month depending on the plan. Reproduction without permission is prohibited.Spotify announced a modest price increase for its premium subscription plans in more than 50 markets, including the United States, much of the European Union, and the United Kingdom. The new audiobook offering may also help soften the blow from the modest price increase implemented this summer for Spotify premium subscribers.Ĭopyright © 2023 Authority Media Network, LLC. The ability to download their favorites for offline listening is a nice bonus. It may also entice premium subscribers to purchase more listening hours or buy their favorite audiobooks. This new offering will help keep Spotify at the top, sweetening the pot for premium subscribers at no extra cost. Insider Takeĭespite competition from Apple, Amazon and other streaming audio providers, Spotify remains at the top of the heap as it continues to grow its subscriber base and product offerings. When Spotify first launched audiobooks, they were not able to let customers purchase an audiobook within the app, explain why they couldn’t purchase one, or tell them where to make an audiobook purchase outside of the app. Spotify has spoken out multiple times with Time to Play Fair, especially with audiobooks. This new venture may also be Spotify’s way around Apple’s 30% fee, often called the Apple Tax, and may be a loophole around some of Spotify’s public gripes with Apple. In this YouTube announcement, Spotify founder and CEO Daniel Ek explains the next step in Spotify’s evolution, which includes audiobooks. ![]() The full catalog of audiobooks is available on Spotify Premium for a la carte purchases. If a listener goes through their audio listening allotment in a given month, they can purchase another 10 hours of audiobooks for $10.99. To take advantage of this perk, Spotify premium subscribers can try as many audiobooks as they want from Spotify’s audiobook library. ![]() Not only can you listen to some of your favorite authors’ works, but you can also tune into podcasts where fans dissect the most minor details of a story and find the hidden meaning in every sentence, without leaving the app,” Spotify said in their Octoannouncement. “We believe that offering personalized music, podcasts, and audiobooks on a single platform gives you a superior way to connect with your favorite artists, podcasters, creators and authors – all in one spot. ![]() The new audiobook offering rolled out to Spotify premium subscribers in the UK and Australia on October 4, and will roll out to US subscribers this winter. This further secures Spotify in the top spot for streaming audio: music + podcast + audiobooks. In addition to the listening hours, the platform has made more than 150,000 audiobooks available as part of its Spotify premium subscription offering. For Family and Duo accounts, only the plan managers will receive that perk. As Spotify deepens its relationship with listeners, the streaming audio platform is now offering Spotify premium subscribers 15 hours of audiobook listening per month.
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