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Spotify Defends $11.99 Price Tag, But Executive Says Raising Prices Is Now 'Part Of Our Toolbox' — Can Music Escape The Inflation Gauntlet?

Summary

Spotify defended its $11.99 subscription price on its Q1 earnings call and signaled that price hikes are now a strategic option, as the company eyes long-term revenue growth despite rising inflation and stiff competition from Apple and YouTube Music.

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Article published on April 30, 2025 by benzinga

Spotify Defends $11.99 Price Tag, But Executive Says Raising Prices Is Now 'Part Of Our Toolbox' — Can Music Escape The Inflation Gauntlet? | AAPL Stock News | Candlesense