In a move that reflects changes in other global markets, Spotify, the popular music streaming service, has decided to increase the monthly subscription fees for all its ad-free Premium plans in Malaysia. The increase varies from RM1 to RM1.70, a relatively modest increase when compared to recent alterations in other countries.
Subscribers to Spotify’s Premium service will experience a rise from RM14.90 to RM15.90 per month. The Premium Duo package, which allows two users to subscribe together, will now cost RM21.50, up from RM19.80. Those opting for the Spotify Family subscription, which covers up to six accounts, will have to shell out RM24.90 monthly, a small but noticeable increase from the earlier RM23.80. Lastly, the student version of the premium service will now be billed at RM8.50 from the former RM7.50.
Interestingly, one of Spotify’s most affordable offerings, Spotify Premium Mini, designed for one-off Premium subscriptions on mobile devices, remains unaffected by this price hike. It continues to maintain the daily cost of 75sen and a weekly charge of RM2.90.
For new subscribers, the updated fee comes into effect immediately, whereas existing subscribers will start noticing the increased rate on their September bills. On a brighter note, trial users can still avail of a one-month subscription at the original price before the new pricing scheme becomes operative.
The latest price adjustment in Malaysia follows a similar pattern observed last week when the country appeared to evade a more significant wave of Spotify Premium subscription fee increases. In comparison, the United States experienced a US$1 (RM4.55) hike across all its plans.
Along with Malaysia, other countries witnessing this new wave of price adjustments include the United Arab Emirates, Switzerland, Czechia, Hungary, Romania, and Saudi Arabia. It’s worth noting that this isn’t the first instance of such a move by Spotify, as the company raised its Premium subscription pricing in 46 countries last year.
The news is based on an article from thestar.com.my.