Spotify is the latest streaming service to hike its prices. Beginning Monday, new subscribers will pay $1 more per month for its ad-free premium plan, rising to $10.99 per month. Current customers are being given a “one-month grace period before the new price becomes effective,” Spotify said. Spotify (SPOT) will also continuing offering a free plan, which includes ads and limited features. Discovery) have all increased the prices of their services in recent months.

Source: CNN July 24, 2023 13:01 UTC