Spotify price increase: a particular situation in France

Consequently,

Spotify price increase: particular situation new: Moreover,

Spotify price increase: particular situation:

The Swedish streaming giant puts the cover. However, In a press release published in early August. Moreover. For example, Spotify formalized a new increase in its prices, a wave that will affect many markets in Europe, Asia, Latin America and the Middle East. However, For many users, the invoice of the individual premium subscription will thus increase by € 10.99 to € 11.99 per month. Consequently, The hexagon passes between the meshes of the net. Consequently, This is not a gift: French subscribers have actually paid for. In addition, Indeed. Therefore. Therefore, they have been undergoing since June an increase linked to the famous “streaming tax” imposed by the government to finance the French music sector.

France, already at the top of European prices – Spotify price increase: particular situation – Spotify price increase: particular situation new

For French users, the painful spotify price increase: particular situation new has already passed. Last June, the personal subscription rate was increased to € 12.14, compared to spotify price increase: particular situation € 11.12 before. An increase that Spotify had clearly assumed as a direct impact of the new tax for the National Music. Center (CNM). The platform had then chosen to bring the weight of this contribution to its customers. while announcing divests in the promotion of French artists. Result ? France is found with one of the most expensive subscriptions in the European Union, even exceeding the new price of € 11.99 which will apply to several of its neighbors. Other countries such as Belgium. Luxembourg or the Netherlands, which have also undergone recent increases, are also not concerned by this new wave.

Reassure febrile markets

This decision to increase prices is not a surprise. It occurs in a tense economic context for the streaming leader. Despite a record spotify price increase: particular situation new number of 276 million paying subscribers, Spotify is struggling to transform its popular success into sustainable profitability. The announcement of its spotify price increase: particular situation latest financial results. deemed disappointing, caused a fall in its share on the stock market of 11.5 %. Pressed by investors. his boss. Daniel Ek, must find a delicate balance: to increase income without making a user base flee that has made its strength. If the official discourse evokes a need to “continue innovation”. to adapt to “local market conditions”, this generalized increase is mainly like an attempt to reassure increasingly impatient shareholders.

More expensive. but not better

This new price for Spotify Place Spotify among the most expensive services on the market, alongside Deezer (€ 11.99) and just below Qobuz (€ 12.49), which specializes in high definition sound. Meanwhile, its main rival, Apple Music, remains € 10.99 per month. A shame for a spotify price increase: particular situation new platform that aims to be the leader. but which remains lagging behind on a functionality that has become standard with its rivals: the Hi-Fi sound (without spotify price increase: particular situation loss). promised since 2019 but always to absent subscribers. While prices fly away, major innovations are long overdue, leaving the most demanding music lovers on their hunger.

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