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Yet another streaming service is bumping up prices. Spotify has joined the growing list of services to hike subscription costs, announcing plans Monday to…

Music streaming service Spotify announced Monday that it is raising the prices on its Premium plans by one to two dollars “so that we can keep innovating."

Spotify Premium plans will soon cost more in over 53 countries. Spotify is the latest streaming service to announce a price hike for its subscription...

Spotify said it's implementing the price increases so it can "keep innovating."

Music and podcast streaming giant Spotify announced the prices of its subscriptions are going up. Spotify announced Monday it is raising the price of its premium subscriptions, with prices going up across categories. "The market landscape has continued to evolve since we launched," the company said in a statement. "So that we can keep innovating, we are changing our Premium prices across a number of markets around the world. These updates will help us continue to deliver value to ...

Spotify is the latest music-streaming giant to raise pricing in the US. Customers will see up to $2 more on their monthly bills, but are being given a grace period before the increase cost kicks in.

The streaming giant says the price changes are to "help us continue to deliver value to fans and artists."