Spotify’s first US price hike for Premium is coming next week

https://lemmy.ml/post/2314275

Spotify’s first US price hike for Premium is coming next week - Lemmy

What improvement in service does the hike reflect?

$10 in 2011 would be $13.56 today.

Source: www.in2013dollars.com/us/inflation/2011?amount=10

Per the article, the service hasn’t changed in price in 12 years, while the platform has certainly received a decent number of updates, new features, new artists, etc.

If it isn’t worth $11/month to you, don’t pay it? But it doesn’t seem right to insinuate that they’re doing something outrageous by raising prices once in 12 years?

$10 in 2011 → 2023 | Inflation Calculator

The 2.57% inflation rate means $10 in 2011 is equivalent to $13.56 today. This inflation calculator uses the official US consumer price index published by the Department of Labor.

If Costco can sell glizzies for a buck fifty a pop I don’t wanna hear it
They sell those at a loss to bring in customers to buy other higher margin items. What else is Spotify selling?
Ads on podcasts, even for premium members