Bloomberg Technology
Spotify to Raise Prices, Launch New Music, Book Plans
Spotify plans to raise the price of its popular audio service in several key markets for the second time in a year, a crucial step toward reaching long-term profitability. Bloomberg’s Felix Gillette joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
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April 3, 2024 at 2:44 pm
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@PonzRL
April 3, 2024 at 8:46 pm
Oh I wonder why they are raising prices… maybe its because they aren’t paying the artists even nearly enough
@quas3728
April 4, 2024 at 6:48 am
If the price of renting music keeps increasing… then I can go back to buying mp3.
@mechanical_poet7673
April 4, 2024 at 11:46 am
This sounds a bit misleading from Bloomberg to be fair. They don’t seem to be raising prices, but rather they seem to be introducing a new, more expensive subscription choice that sounds like the previously leaked Supremium. It’ll be a little more expensive than the current Premium subscription but with audiobooks, which kind of makes sense.
And I suspect lossless music will be included in the new subscription too. Though, I don’t get the hype about lossless. Vast majority of the people will be listening to music on their bluetooth speakers and yet they still ask for lossless audio. In my opinion, 99% of the people asking for it are only asking because it’s “cool”.
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