Spotify users are CANCELLING their accounts as the music streaming app increases its prices by £1/month – with one venting ‘I’m going back to Apple Music!’
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Spotify users are CANCELING their accounts as the music streaming app raises its prices by £1/month – with a vent saying ‘I’m going back to Apple Music!’
With over 500 million users, Spotify is without a doubt one of the most popular music streaming apps in the world.
But users are furious after the news that Spotify is raising its prices in both the UK and the US.
The premium, duo and family plans have all been increased by £1/month, meaning some users are now paying as much as £17.99/month for their plan.
While Spotify claims the price hike will allow the company to continue to innovate, many users have labeled the change as “greedy.”
Some are so furious they even cancel their accounts, with one tweeting, “I’m going back to Apple Music.”
With over 500 million users, Spotify is without a doubt one of the most popular music streaming apps in the world. But users are furious after the news that Spotify is raising its prices in both the UK and the US
Some are so furious they even cancel their accounts, with one tweeting: “I’m going back to Apple Music”
Spotify announced the changes on Monday in a blog postand said it would notify customers of the price increase via email.
“The market landscape has continued to evolve since we launched,” explains Spotify.
“In order to continue to innovate, we are changing our Premium pricing in a number of markets around the world.
“These updates will help us continue to deliver value to fans and artists on our platform.”
Spotify’s UK premium plan has increased from £9.99/month to £10.99/month, while the duo plan and family plans – which include six users – have also increased by £1 each, now costing users £14.99 and £17.99 respectively.
The only plan unaffected by the increase is the student plan, which has remained at £5.99 per month.
US rates reflected a similar increase, with the family plan now costing $17 per month instead of $16.
The duo plan shot from $13 to $15, and the subscription rate for students remained unchanged.
Several users have taken to Twitter, with many calling Spotify “greedy.” Others have revealed that they are canceling their accounts after the price increase
Several users have taken to Twitter, with many calling Spotify “greedy.”
Do Spotify’s price hikes mean they’re going to pay artists more? Doubt it. More like greedy executives want more money in their pockets,” one user wrote.
Another added: ‘Spotify is just being purely greedy and putting the price of a single account at £11.’
Meanwhile, others have revealed that they are canceling their accounts after the price increase.
“After 14 years I don’t love you enough to pay another $2/month #ByeFelicia,” one user tweeted.
And one vented, “I got premium a few months ago. Just got an email about the price increase. It’s only $1 more but their justification makes me want to cancel. I don’t care about innovation and features. I want artists to be paid.’
To cancel your Premium subscription, simply log in to spotify.com/account.
Under Your subscription, click CHANGE PLAN, then scroll to cancel Spotify and click CANCEL PREMIUM.
“Your Premium will remain until your next billing date, after which your account will switch to free,” Spotify explains.
You keep your playlists and saved music when your account is free. You can also still log in and play with ads.’
WHAT IS SPOTIFY?
Spotify is a music, video and podcast streaming service founded on April 23, 2006 in Stockholm, Sweden.
Spotify allows users to create and customize their own playlists and browse content using parameters such as genre, artist and album search.
It compensates artists by paying them royalties based on the number of streams in proportion to the total number of songs streamed.
The company was founded by Daniel Ek and Martin Lorentzon and was officially launched on October 7, 2008.
Spotify is a music, video and podcast streaming service founded on April 23, 2006 in Stockholm, Sweden. Spotify allows users to create and customize their own playlists and browse content using parameters such as genre, artist and album search
It operates on a “freemium” service model, which means that the basic features are free with some limitations and ads, while additional services are available through a paid subscription.
The service is available in most of the Americas, Europe, Australia, New Zealand and some parts of Asia.
It is available on macOS, Windows, and Linux computers, as well as Android, iOS, and Windows smartphones and tablets.
Spotify currently has about 159 million users, 71 million of whom use paid subscription services.
Are gain for the 2017 fiscal year is estimated to be around $4.99 billion (£3.63 billion).