Spotify to raise subscription prices outside the US: FT

Spotify to raise subscription prices outside the US: FT

Spotify has announced a significant price increase for its subscription plans in Luxembourg. As of April 2025, the Individual plan, previously priced at €10.99, has risen to €12.99. The Student plan now costs €6.99, up from €5.99, the Duo plan has increased to €17.99 from €14.99, and the Family plan has jumped to €21.99 from €17.99. Despite the price hikes, the subscription features remain unchanged.

This price adjustment comes as Spotify continues to grow and innovate in a rapidly changing market. The company has cited the need to support ongoing development and maintain its competitive edge as the primary reason for the price increase.

Comparatively, Luxembourg now stands as the priciest market in the Greater Region for Spotify subscriptions. The Individual plan is €1 cheaper in Belgium and €2 less in both France and Germany. This pricing strategy may affect the subscription base in Luxembourg, potentially leading to a decrease in new sign-ups or an increase in cancellations.

Spotify has been consistent in its periodic price adjustments, a strategy that allows it to balance growth and innovation while maintaining profitability. As of now, the company has not provided a specific timeline for future price adjustments in other markets.

References:
[1] https://today.rtl.lu/news/luxembourg/a/2296150.html