Spotify to raise Premium subscription price in multiple regions from September: New pricing details

Spotify has announced plans to raise the price of its Premium Individual subscription in several global markets, effective from September. The monthly fee will increase from €10.99 to €11.99 in regions including South Asia, the Middle East, Africa, Europe, Latin America, and Asia-Pacific.

The streaming company confirmed that subscribers would receive email notifications detailing the change over the coming month. The move is part of Spotify’s broader strategy to strengthen its profit margins.

Reasons for the price hike

This follows previous price…