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==Pricing== | ==Pricing== | ||
September 12, 2023: Spotify CEO Daniel EK has come out to refute a JP Morgan analysis that said artists could make $1,200 a month in royalties by posting a 30-second song and replaying it 24 hours a day. JP Morgan went ahead to estimate that 10% of all music streams are fake, where artists run loops on services like Spotify<ref>https://www.bbc.com/news/world-us-canada-66781669</ref>. "If that were true, my own playlist would just be 'Daniel's 30-second Jam' on repeat! But seriously, that's not quite how our royalty system works," Daniel said in an X reply post<ref>https://twitter.com/eldsjal/status/1701146847241212176</ref>. | |||
July 24, 2023: Spotify raises prices of its premium plans by $1 in the U.S. The company is also raising prices in a number of other countries including the U.K. Premium Single will now cost $10.99 and duo will cost $14.99. Premium Family will cost $16.99 while Premium Student will cost $5.99<ref>https://newsroom.spotify.com/2023-07-24/adjusting-our-spotify-premium-prices/</ref>. | July 24, 2023: Spotify raises prices of its premium plans by $1 in the U.S. The company is also raising prices in a number of other countries including the U.K. Premium Single will now cost $10.99 and duo will cost $14.99. Premium Family will cost $16.99 while Premium Student will cost $5.99<ref>https://newsroom.spotify.com/2023-07-24/adjusting-our-spotify-premium-prices/</ref>. | ||