Spotify prepares value improve; How a lot will it price in Mexico?

Spotify plan increase your costs in 5 nations, as revealed by Bloomberg, which has cited some sources acquainted with the topic. The query for a lot of customers is: Is Mexico on the listing?

Based on the American media, this would be the second value improve they’ve had this yr and the principle motive why they do it’s to “obtain long-term profitability.”

“The streaming big will improve costs between 1 and a pair of {dollars} a month in 5 markets by the top of April, together with the United Kingdom, Australia and Pakistan”Bloomberg reported.

Moreover, one other of the affected nations might be USA. Allow us to do not forget that the neighboring nation is likely one of the largest markets for the music streaming platform.

Spotify publicizes a brand new value improve, the second in a yr, for its subscriptions.

Will increase from $1 to $2 rely upon the plan and might be utilized first in markets akin to the UK, Australia and Pakistan.

The rise will fund the inclusion of audiobooks within the service. pic.twitter.com/mCaEkUXtRm

—  Javi Losana (@javilosana) April 3, 2024

Why is Spotify elevating costs?

Bloomberg famous that one of many principal causes Spotify will increase its costs is to “cowl the price of audiobooks,” service that was launched late final yr.

As well as, sources revealed to the American media that the corporate can be trying to introduce a new subscription plan on the platform, the place will supply music and podcasts however with out having the chance to entry audio books

Bloomberg additionally reported final yr that Spotify is engaged on a plan “superpremium”during which customers will be capable to entry all of the content material of the platform along with acquiring excessive constancy audio and different features.

$SPOT adjustments its charges with new plans and costs.

The audio service will increase costs in some main markets and likewise create a brand new plan that doesn’t embody audiobooks

Shares are up 6% on the information. #Spotify pic.twitter.com/xBpKFYf1n5

— Yago García (@YagoGarciiia_) April 3, 2024

Spotify might increase costs in Mexico; this prices at present

Though we solely know of the primary 4 nations during which Spotify will increase costs, it’s nonetheless unclear whether or not Mexico It is going to be the fifth. Some consultants have identified that it is rather more likely to occur since our nation can be one of the vital essential markets for Spotify.

For the second, the Spotify value in Mexico es: