Spotify will increase its prices again: what will change for premium subscription holders from June ?

magictr | May 28, 2024 | News | No Comments

Spotify a annoncé ce mardi 28 mai une augmentation des prix pour son abonnement premium en France. dpa – Silas Stein

Le leader mondial du streaming musical annonce des augmentations de quelques centimes pour tous ses abonnements Spotify Premium en raison de la "taxe streaming".

Spotify announced this Tuesday, May 28, 2024, the increase of a few cents in all its Spotify Premium subscriptions. In a press release, the world leader in music streaming explains that it must increase its prices to cover the additional costs caused by the "streaming tax" implemented by the government since January 2024, reports l’Huffpost.

Lettre ouverte à nos abonnés pic.twitter.com/MajbNCcf4U

— Spotify France (@spotifyfrance) March 7, 2024

This compulsory contribution, which aims to finance the French music industry, is a levy rate on the turnover of the streaming platforms concerned, in particular Spotify.

An increase of a few cents

You will therefore see on your invoice that "Spotify Premium personal" goes from 10.99 euros per month to 11.12 euros. An increase of only 13 cents, but which makes this subscription the package now the highest& nbsp;of the European Union, indicates Le Figaro.

This general increase only concerns new French subscribers. Old subscribers will not be affected until July 2024 depending on your renewal date.

The "Premium Students" goes from to 6.06 euros per month (7 ;nbsp;cents more per month), the "Premium Duo" rises to 15.17 euros per month (18 cents more per month), and the "Premium Family" reaches 18.21 euros per month, or 22 extra cents per month.

Spotify details that further increases in the streaming tax will now be linked to an increase in subscriptions to "urge the government to find alternative means of financing&quot ; of the CNM.

In July 2023, Spotify increased its prices in France for the first time. Crossing the symbolic bar of ten euros to align with its competitors Deezer and Apple Music.