Spotify raises prices

Share to Google Classroom

Spotify is increasing its prices for premium subscriptions in 53 territories, including New Zealand, the UK, Canada, and the US. The price hike will take effect from September.

In New Zealand, individual plans will rise from $15 to $17 per month, duo plans from $18.99 to $22.49 per month, family plans from $22.50 to $25.99 per month, and student plans from $7.49 to $8.99 per month.

The company stated that price increases are necessary to keep up with the evolving market landscape and to continue delivering value to both users and artists on its platform.

This move comes as Spotify faces financial challenges and recently laid off around 2% of its global workforce in its podcasting division and had an earlier round of layoffs earlier this year to reduce costs.

1
Every year on 5 November, colourful fireworks light up the...
1
In a move to help hospitals care for more patients,...
1
Beachgoers in Santa Cruz, California, are being warned about an...
1
A year after the world’s biggest tractor sculpture was revealed...
1
Jade Henderson, a 32-year-old bodybuilder from Australia, has broken a...

World & National News

1
New Zealand will soon be home to the world’s largest...
1
In a fun and furry competition across Texas State Parks,...
1
Egypt has officially opened the Grand Egyptian Museum near the...
1
The start of the Great Walk season in New Zealand’s...
1
This year, Dictionary.com surprised everyone by choosing “6-7” as its...