Spotify announces price increases in some territories as the CEO thinks about buying an English Premier League team

Spotify subscribers in the US, the UK, and Europe were notified prices are going up effective April 30. (Nothing for Canada yet, but…)

The company says “We offer a variety of subscription plans tailored to our users’ needs, and we occasionally update our prices to reflect local macroeconomic factors and meet market demands while offering an unparalleled service.” Could this mean higher payouts for artists? Given the flack Spotify continues to take, you have to wonder if that doesn’t figure into their calculations.

One thing to watch: Other streaming services use Spotify as a bellwether for consumer price sensitivity. If Spotify raises prices, other streaming platforms are sure to follow.

On a purely coincidental note, Spotify Daniel EK is apparently talking about buying Arsenal of the English Premier League as part of a consortium featuring former Arsenal players, Thierry Henry, Dennis Bergkamp, and Patrick Viera. The bid, worth £1.8 billion (CAD$3.1 billion), is expected to be tabled next week.

Again, just a coincidence.

Alan Cross

is an internationally known broadcaster, interviewer, writer, consultant, blogger and speaker. In his 40+ years in the music business, Alan has interviewed the biggest names in rock, from David Bowie and U2 to Pearl Jam and the Foo Fighters. He’s also known as a musicologist and documentarian through programs like The Ongoing History of New Music.

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