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Spotify to hike prices by up to $2, introduce new basic tier: report

Spotify Technology plans to increase the price of its plans by about $1 to $2 per month in five markets, including the UK, Australia and Pakistan, by the end of April. Bloomberg News reported This was disclosed on Wednesday, citing a person familiar with the matter. Shares in the Swedish music streaming service, which competes […]

Spotify adding audiobook-only subscription tier 

Spotify is to add The streaming service announced a new audiobook-only subscription tier on Friday. The company announced in a release that starting Friday, a new “audiobook access tier” will allow subscribers to listen to 15 hours of its audiobook catalog for $9.99 per month. “This plan and one app experience allow listeners to continue […]

Netflix’s cheaper ad tier surges to 23M monthly active users: ad chief

Netflix has seen a sharp rise in the number of subscribers to its low-cost ad inventory, which the company said has jumped by 8 million over the past two months. The streaming giant will roll out its $6.99 per month Basic With Ads plan in November 2022 and has more than 23 million monthly active […]