The Swedish audio streaming giant, Spotify, is raising the price of its premium subscription once again. Spotify said in a blog post that it will increase the price for Premium subscribers in multiple markets over the next month, including Europe, Africa, Middle East, Latin America, Asia-Pacific, and South Asia.\n\nSpotify will start emailing customers about the updated pricing, which will come into effect on their billing date in September. Its increased subscription fee for the Premium Individual plan will cost €11.99/mo ($13.86) instead of €10.99/mo. You can check out the company's website to learn about locally available plans.\n\nSpotify Premium has been around since 2008, but July 2023 was the first time its Individual plan jumped from $9.99/mo to $10.99/mo in the US, alongside changes to other plans. Besides the US, prices for Spotify Premium went up in many other countries globally.\n\nThe Individual plan now costs $11.99/mo in the US after last year's price hike; meanwhile, Spotify added a new $10.99/mo Basic plan that kicks out audiobooks.\n\nIn other words, Spotify isn't shying away from price hikes anymore, and it's a rising trend across the streaming industry. Some players, like Netflix, went ahead and blocked users from sharing passwords outside their home Wi-Fi, even with their own family members.\n\nThe announcement has arrived just days after Spotify's Q2 2025 earnings call, where the streaming giant exceeded guidance expectations. Its Monthly Active Users (MAU) count reached 696 million with an 11% year-over-year increase, and the number of Premium subscribers grew to 276 million.\n\nIt was a strong quarter for Spotify, but not without some ups and downs. Its Operating Income of €406 million (approx. $470 million) was below the guidance level, accompanied by €116 million in Social Charges, which were again €98 million higher than the forecast.\n\nWhile the company wants to make more money, it has shut down rumors of ads coming to its Premium plans. Speaking of which, its ad revenue also took a slight hit in the second quarter.

Spotify Premium gets price hike across multiple regions worldwide

Spotify announced a price increase for its Premium subscription in multiple regions, including Europe, Africa, the Middle East, Latin America, Asia-Pacific, and South Asia. The new price for the Premium Individual plan is €11.99/mo ($13.86) in some markets, while the US sees the same increase. A new $10.99/mo Basic plan was introduced, which excludes audiobooks. The price hike follows Spotify's Q2 2025 earnings call, where the company reported 696 million Monthly Active Users (MAU) and 276 million Premium subscribers, though operating income fell below guidance.