Spotify increases prices in multiple countries

Spotify has announced that it is increasing the price of its Premium subscription in multiple countries around the world, applying to users in the United States, the United Kingdom, and the European Union.
With 200+ million subscribers, the Spotify Premium subscription is increasing to $10.99 per month, up from $9.99.
Additionally, the Spotify Duo plan is set to increase from $12.99 to $14.99, the Family plan will increase from $15.99 to $16.99, and the Student plan will increase from $4.99 to $5.99.
In a post online, Spotify says the increase will help the company “keep innovating,” adding that existing subscribers in the markets seeing a price increase will receive an email explaining what this means for their account.
The increase applies to users in Andorra, Albania, Argentina, Austria, Australia, Bosnia and Herzegovina, Belgium, Bulgaria, Brazil, Canada, Chile, Colombia, Costa Rica, Cyprus, Denmark, Ecuador, Estonia, Spain, Finland, France, United Kingdom, Greece, Guatemala, Hong Kong, Croatia, Indonesia, Ireland, Israel, Iceland, Italy, Lithuania, Luxembourg, Latvia, Monaco, Montenegro, North Macedonia, Malta, Mexico, Netherlands, Norway, New Zealand, Peru, Portugal, Serbia, Sweden, Singapore, Slovenia, Slovakia, San Marino, Thailand, Türkiye, United States, Kosovo.