Spotify has increased the price of its Premium subscription plans in the Philippines, effective October 2, 0223. This is the second time in less than a year that Spotify has raised its prices in the country, following a previous hike in November 2022.
The new prices for the Premium plans are as follows:
- Individual: ₱149 per month (up from ₱129)
- Duo: ₱199 per month (up from ₱185)
- Family: ₱239 per month (up from ₱194)
The Student plan remains unchanged at ₱75 per month. The same goes for the Mini plan at ₱7 per day.
The price adjustment is likely part of a broader global update, which also affected other countries to boost their profitability amid rising competition and costs. They did not provide a specific reason for the increase but said it will allow them to “continue to invest in and innovate on their product offerings and features” and bring the “best experience.
For existing Premium subscribers, the price hike will take effect starting in December. Spotify will send email notifications to all affected users to inform them of the change and their next billing date.
For those currently on a trial, they won’t be charged until it ends. Once the trial ends they will be given 2 months on the current price prior to their bill being increased to the new price.
Spotify Premium offers various benefits to its users, such as ad-free listening, offline downloads, higher sound quality, unlimited skips, and access to millions of songs and podcasts. The Duo plan is designed for couples living under one roof, while the Family plan allows up to six household members to enjoy their own separate accounts.
Spotify faces competition from other music streaming services in the Philippines. Apple Music also increased its prices in the country in November 2022, from ₱129 to ₱139 per month for the Individual plan. You can check out the difference between the two services here.
What do you think of Spotify Premium’s price increase? Will you continue to subscribe or switch to another service?
Image credit: Unsplash
Source
