Price rises in store for many Spotify subscription plans

Price rises are in store for several Spotify subscription plans as of April 30 in the UK and in certain European countries. — AFP

Bad news for music fans with Spotify subscriptions. The Swedish music streaming giant has announced new price hikes for its subscription plans, both in Europe and the US.

The initiative comes as the service has seen a significant slowdown in the number of new subscribers in the first quarter of 2021.