The music service Spotify has 274 million paying subscribers. The company is now signaling possible price increases. (Archive photo). Photo: Brendan Mcdermid/Reuters
Spotify CEO hints at possible price hikes, new features
Spotify is considering raising subscription prices as it invests in new platform features, according to CEO Alex Norström. The company raised prices in 2023, which, combined with cost savings, resulted in its first annual profit by 2024, reports Financial Times. Despite increasing subscriber...
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