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== Pricing == | == Pricing == | ||
June 20, 2023: Spotify to introduce a more expensive subscription plan in October, according to people familiar with it. The subscription option duped “Supremium” will likely include high-fidelity(HiFi) audio feature, which was announced by the company in 2021. HiFi was delayed by Spotify after its two competitors, Apple Music and Amazon music started offering it for free in their standard plans. The new premium tier will first be offered in non-US markets. The new plan will also grant users expanded audiobooks access, either in form of a specific number of free titles or number of free hours, with the option to buy more. “Supremium” price has not been mentioned. A Spotify spokesperson declined to comment on it<ref>https://www.bloomberg.com/news/articles/2023-06-20/spotify-plans-new-premium-tier-expected-to-include-hifi-audio</ref>. | June 20, 2023: Spotify to introduce a more expensive subscription plan in October, according to people familiar with it. The subscription option duped “Supremium” will likely include high-fidelity(HiFi) audio feature, which was announced by the company in 2021. HiFi was delayed by Spotify after its two competitors, Apple Music and Amazon music started offering it for free in their standard plans. The new premium tier will first be offered in non-US markets. The new plan will also grant users expanded audiobooks access, either in form of a specific number of free titles or number of free hours, with the option to buy more. “Supremium” price has not been mentioned. A Spotify spokesperson declined to comment on it<ref>https://www.bloomberg.com/news/articles/2023-06-20/spotify-plans-new-premium-tier-expected-to-include-hifi-audio</ref>. | ||
== Subscribers == | |||
July 6, 2023: Spotify has notified premium subscribers who still pay through Apple App Store to find an alternative payment method such as PayPal or credit card. According to Spotify, the action will “help ensure that [it] can continue to provide a consistent best-in-class subscription experience for all our users.” The company stopped accepting payment subscription fee in 2016 in order to avoid paying Apple up to 30% commission fee for in-app purchases. Premium subscribers who continued using Apple App store to make payment were charged an additional $3 per-month. In 2019, 680,000 Spotify subscribers paid through the Apple App, representing less than 1% of Spotify's 100 million premium subscribers at that time-That's according to Apple regulatory filling<ref>https://www.theverge.com/2023/7/6/23785523/spotify-premium-subscribers-apple-app-store-payments-support</ref>. | |||
== Related Articles == | == Related Articles == | ||
[[Why You Should Invest In Spotify ($SPOT)]] | [[Why You Should Invest In Spotify ($SPOT)]] | ||