FILE PHOTO:A screen displays the logo of Spotify on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 4, 2023. REUTERS/Brendan McDermid/ File Photo
(Reuters) -Spotify will raise prices as it invests in new features and targets 1 billion users, the Financial Times reported on Sunday citing the music streaming provider's Co-President and Chief Business Officer Alex Norstrom.
The increases would be accompanied by planned new services and features, the FT cited Norstrom as saying in an interview.
