Spotify is contemplating charging as much as US$5.99/month on prime of present subscriptions for a brand new music streaming service that may embody higher-quality audio, remixing instruments and entry to live performance tickets, Bloomberg Information reported on Friday.
The corporate may roll out the “Music Professional” tier this 12 months, the report mentioned, citing sources it didn’t identify.
Spotify remains to be working by means of the small print, and costs for the brand new service will differ by geography, with the associated fee decrease in less-developed markets.
A Spotify spokesman mentioned by e-mail that the corporate can not affirm hypothesis across the potential particulars or characteristic set.
The brand new service, which might use synthetic intelligence for some options, would enable subscribers to combine collectively songs from totally different artists, the report mentioned, including that the corporate has held preliminary talks with main promoters and ticket sellers.
Within the US, Spotify’s largest market by income, it expenses $11.99/month for its particular person tier, which works as excessive as $19.99 for the household plan that may home six members.
Spotify not too long ago signed multi-year offers with Warner Music Group and Common Music Group for recording and publishing music.
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CEO Daniel Ek has mentioned the corporate would have personalised choices, together with a premium tier referred to as “superfans of music”. The Swedish streaming large forecast 678 million month-to-month lively customers for the primary quarter, according to estimates of 679.4 million. — Mrinmay Dey, (c) 2025 Reuters
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