JAKARTA The music streaming platform Spotify announced that it will increase the price of subscription packages starting in July. This news was conveyed through the company's official website on Monday, June 3. With this price increase, Spotify subscription packages became more expensive than Apple Music. After this price increase was officially enforced, users were entitled to switch to free packages or keep premium packages. Spotify Premium is divided into several packages, including Individuals, Duo, and Family. The Individual Premium Package is now priced at 11.99 US dollars (Rp194 thousand), while the Duo Premium Package is priced at 19.99 US dollars (Rp323 thousand). Meanwhile, the Premium Family Package will be US$16.99. Spotify also has a special package for users who are still in school. It seems that this Premium Student Package has not experienced a slight price increase. Although Spotify premium packages are becoming much more expensive than Apple Music, the feature is not as good as Apple's music streaming application. The reason is, Spotify hasn't presented lossless audio or Spatial Audio support yet. Spotify explains that they should increase the price of subscription packages to improve their music streaming platform. Without the support of price increases, Spotify will probably have difficulty developing its platform.
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"We are increasing the price of Individual Premium so that we can continue to invest and innovate in the products and features we offer, and provide you with the best experience," Spotify said. This price increase will be implemented in the US in July. There is no information yet on whether this price increase will be expanded to more countries. After this news was shared on its official website, Spotify will share this news with user email.
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