Spotify is a great music streaming service for those who are looking for a good deal on music. However, if you’re looking to switch to Spotify for the long term, you should be aware of some of the potential drawbacks. First and foremost, Spotify is not as reliable as it could be. In fact, some users have reported that their accounts have been suspended after using the service for a short period of time. Additionally, there have been reports of Spotify freezing up or crashing on users’ devices. Finally, Spotify’s user interface can be difficult to navigate. If you’re not used to using touchscreen devices, it may take some time to get used to the interface. Additionally, there are some features that are not available in other music streaming services such as offline listening and ad-supported listening.
Spotify’s CEO, Daniel Ek, confirmed that Spotify was considering a price bump for its subscriptions in the US, mentioning that a price hike is “one of the things we would like to do and it’s something we will consider with our label partners.” We don’t know yet what this possible price hike would be like — in the US, Spotify currently costs $10 a month for the individual plan, with the Duo plan (for two accounts) costing $13 a month and the Family plan (for up to six people) costing $16 a month.
As for what’s causing this price hike, it’s not immediately clear. Spotify reported growth over the past year and beat subscriber expectations over the last quarter. The CEO mentioned that the hike would be a response to other services raising their prices, with YouTube bringing its Premium Family subscription up to $23 a month and Apple Music going up to $11 a month for the individual plan.
We might know more about possible new prices for Spotify come 2023.
Source: Deadline, Android Headlines
