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Spotify Raises Prices Globally Amid Disappointing Earnings

8/4/2025

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Summary

Story summary

Spotify is increasing subscription prices in various regions outside the US due to disappointing earnings.
Premium subscribers in Europe, South Asia, the Middle East, Africa, Latin America, and Asia-Pacific will see price hikes, starting at €1.
The company's stock fell 11.5% following a profit forecast that missed expectations.
CEO Daniel Ek prioritizes long-term subscriber retention over immediate revenue gains.
US subscription prices remain unchanged after 12 years.

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Story summary

Spotify is increasing subscription prices in various regions outside the US due to disappointing earnings.
Premium subscribers in Europe, South Asia, the Middle East, Africa, Latin America, and Asia-Pacific will see price hikes, starting at €1.
The company's stock fell 11.5% following a profit forecast that missed expectations.
CEO Daniel Ek prioritizes long-term subscriber retention over immediate revenue gains.
US subscription prices remain unchanged after 12 years.