Spotify has become the latest subscription service to hike its fees, alerting Australian users that prices will increase later this year.
The music streaming service revealed to fans this morning the price of its premium subscriber package will be increased from September, now costing users $13 per month.
”The price of Premium Individual is changing from A$11.99/month to A$12.99/month,” the streaming giant said.
“We’re increasing the price of Premium Individual so that we can continue to invest in and innovate on our product offerings and features, and bring you the best experience.
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“Since you’re already a Premium subscriber, you will pay A$11.99/month until your billing date in September when your subscription will go up to the new price.”
There’s been a lot of price hikes and new product launches in the streaming market over the past year, topped off by Amazon Prime announcing earlier this year that they’re hiking prices by up to 43 per cent.
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