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Spotify to raise Premium prices as streaming costs climb

Spotify will raise prices next month, increasing its individual Premium plan from $11.99 to $12.99, with Duo, Family and Student plans also going up. The hike follows similar increases from Peacock, Disney+ and Paramount+ as streamers adjust prices after launching at lower introductory rates. New federal data shows streaming subscriptions continued to outpace traditional TV from November to December.
Jan 16 (00:43)
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