
Spotify is increasing its prices again, less than a year after it last hiked prices for most of its subscription plans. The latest price hike comes as streaming media companies face rapidly increasing costs of doing business – and customers continued to sour over rising prices of goods as inflation remains stubbornly high. Beginning in July, Spotify’s US subscribers will pay $1 more per month for its ad-free premium plan, rising to $11.99 per month — a 20% increase over the past two years. The audio streamer said that it’s...