According to aBloombergreport, Spotify Premium will experience a price increase in several markets through 2024.
For those keeping score, this would be Spotify’s second-ever price increase.
The reason for the price increase, apparently, is to recoup costs from Spotify’s newaudiobook library.
Note that Spotify recently introduced a $10audiobook-only membership.
New membership tiers are within the realm of possibility.
It will certainly be interesting to see how Spotify’s pricing options pan out.
