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Spotify price rise reaction – and possible consequences

Spotify has waited a long time to raise prices from the fabled $9.99-per-month mark, in the US, at least. So what was the fallout from the Spotify subscription price rise announcement? Well, judging by social media reactions, there was no enormous revolt by subscribers, at least. Spotify’s share price dipped by 4.6%, although in general shareholders are presumably happy with an increase to the company’s income stream