Spotify has announced its first price increase in 12 years for Spotify Premium in multiple countries including Australia.
The price of a Spotify Premium Single subscription is going up $1 AUD a month to $12.99 AUD , the price of a Duo subscription is going up $2 AUD a month to $17.99 AUD and the price of a family subscription is also going up $2 AUD a month to $20.99 AUD.
According to the support article posted on the Spotify website, users will be notified by email and given one month before the new price becomes effective. Those that are on a trial offer will also be given a month after their trial ends.
Spotify posted the below statement on its website:
“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.”
Considering Spotify Premium cost $10.99 USD ($16.50 AUD), we’re actually still getting a decent price here in Australia.