Spotify has announced that it’s raising its premium plan prices, confirming reports that first started to surface over the weekend.
The music-streaming giant, which claims some 500 million users globally 40% of which are premium subscribers, revealed that its main premium ad-free subscription plan will be increasing from $9.99 per month to $10.99 in the U.S., while its Duo plan is rising by $2 to $14.99. The family plan, meanwhile, is increasing by $1 to $16.99 and the student plan is also going up by dollar to $5.99 each month.
The subscription hike isn’t limited to the U.S. market, with Spotify confirming that it will be increasing its prices in dozens of markets, including the European Union (EU), the U.K., and chunks of South and Central America, Asia, and Oceania.
The company hasn’t confirmed prices for these markets yet, saying that those affected will start receiving emails from today confirming their new rates.