economy

January 15, 2026

Spotify hikes U.S. Premium subscription price

Co-founder Daniel Ek recently stepped down as CEO, with co-CEOs Gustav Söderström and Alex Norström now at the helm of the music streamer.

Spotify hikes U.S. Premium subscription price

TL;DR

  • Spotify Premium monthly subscription price is increasing to $12.99 in the U.S.
  • Prices are also rising in Estonia and Latvia to 11.99 euros.
  • Users will receive an email explaining the price change.
  • The company attributes the increase to maintaining a great user experience.
  • Spotify's shares dropped nearly 4% after the announcement.
  • This is the latest in a series of price hikes for the service.
  • The company missed fourth-quarter revenue expectations despite strong third-quarter earnings.
  • Co-founder Daniel Ek stepped down as CEO in January 2026.
  • Artists have protested Ek's investment in defense technology by removing their music from the platform.

Continue reading the original article