Business Desk: You might have to pay more in order to listen superior quality musical content. Recently, audio streaming giant Spotify has increased its subscription fees of premium plans, making it difficult for musical consumers to afford the platform.
In addition to jacking up prices, it has also made changes in its premium plans. It has reduced the number of plans. As observed in the Indian market, Spotify has removed its premium ‘individual’ plan and reintroduced it with four different plans with options like Premium Lite, Premium Standard, Premium Platinum, and Premium Student. Among this Premium Lite seems to be the cheapest one, with no downloading and offline listening features.
Additionally, Spotify has also eliminated its top-up payment plans. This means its users would have to opt for mandatory subscription-based use of the platform, with the subscription automatically deducting form the bank account. Although, it has also offered the option of anytime cancellation like most streaming platforms.
Recently, Spotify had announced about these changes by stating in its website that it is increasing the prices so that it can continue to innovate on their product offerings and features, and bring its customers the best experience.
Source: Spotify