Spotify is about to cost more with a price increase planned for next week
Spotify is about to cost more with a price increase planned for next week
Spotify has resisted increasing its monthly subscription price for as long as possible. According to the Wall Street Journal, the...
According to the report, Spotify will raise its standard subscription rate by $1 next week, bringing the monthly cost from $9.99 to $10.99.
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Pretty much inevitable I've been amazed they went this long. $10 just does not seem sustainable.
Im fairly sure they manage because they have so many subscriptions from people that barely use it.
They basically pay out per song played - and server costs are also largely dependent on active users. So they balance out a very active person that might incur 15$ in cost with 5 inactive people that incur not even a dollar.
Then there are people like me who do use Spotify a lot, but I'm mostly listening to the same stuff most of the time. Unless I'm trying to find new things or listen to a podcast, it's most likely all cached on my device.
Well, they pay artists 0.03¢ every 1000 play or something...
I guess I don't really know exactly how their model works, but I'm guessing that is only for independent artists. I bet they paid big bucks to the major record labels.
To record label yes, to artists, no
Yes and thats my point. The $10 a month is likely not sustainable because of their contracts with record labels.