Earlier this year, the music streaming service, Spotify, announced that they were increasing prices for several of their plans. These plans include Premium Family, Premium Student, and Discovery Mode. They are also testing a new plan in five countries.
Premium Family
Despite recent price increases, Spotify Premium Family is still a good deal. Not only does it allow you to listen to unlimited music offline, but it also saves you a bundle each month. The service is only available to family members who live at the same address.
In addition to Premium Family, Spotify also offers an Individual subscription that costs $10 per month. It’s not worth the switch to another service. It’s also worth trying out a free trial. Hopefully, that will convince you to switch.
Spotify has a free tier that restricts your selection of tracks, and it also has an ad-supported free tier. However, Spotify’s various premium tiers remove ads, so you’ll probably get a better deal if you’re willing to pay a little extra.
Spotify has been losing money on a quarterly basis for the past five quarters. The company posted a loss of EUR125 million in its most recent quarter. However, Spotify also posted stronger revenue growth and an increase in active users. In fact, Spotify gained more than 1 million premium subscribers in the third quarter.
Spotify is raising prices in a number of countries, including the US and parts of Europe. Spotify also increased its prices last year in a number of countries. In the US, prices will rise by $1 a month to $16 for Premium Family. It’s unclear if there will be a similar price hike for individual plans.
While Spotify isn’t the only streaming service to increase its prices, it’s the most recent to do so. The company recently added a new podcast capability to its lineup, and it’s also launching a new Platinum subscription, which will include better audio quality.
Premium Student
Whether you are a student or just someone interested in getting a music subscription, you may be wondering how you can get a Spotify Premium Student discount. It’s not always easy to get a good deal, but there are a few ways you can get a discount.
To get a Spotify Premium Student discount, you must be a college student and enrolled in an accredited higher education institution. You also need to provide proof of your student status. This may include your college email address. You can also manually upload your student ID card to your account.
If you have an Xbox game pass, you can get four months of Spotify Premium free. This deal is available for a limited time only. If you have a Samsung Galaxy device, you may be eligible for a three-month trial of Spotify Premium.
Students in India, Turkey, and Pakistan can get the cheapest Student Premium plan. They pay just 1 USD per month.
You can also sign up for Spotify Premium as a student in more than 27 countries in Europe. The price of the plan varies from 5.77USD in the Netherlands to 7.61USD in Denmark. The plan also includes access to Hulu (ad supported) and SHOWTIME.
Other countries where you can get a student discount include the United Kingdom, Canada, and Australia. They offer a discount of up to $4 per month, but you must be an 18-year-old student.
Students can also get a Spotify Premium Student bundle for $5 per month. This bundle includes Showtime and Hulu accounts, ad free listening, and unlimited skips. The bundle also includes podcasts. If you cancel as a student, your Hulu and Showtime accounts will be automatically deactivated.
Discovery Mode
Among other things, Spotify is planning a new feature called “Discovery Mode”. The feature will give artists and labels more power over how their tracks appear in playlists. The mode is currently being beta tested. However, it has raised eyebrows among both artists and record labels.
Discovery Mode allows artists and labels to pitch their tracks to Spotify. If the artists and labels agree to a reduced royalty rate, they will receive preferential treatment in the algorithms that decide which tracks to feature.
However, the reduction could also have negative effects on individual artists. Spotify has not specified how much it is going to reduce royalties. However, it is estimated that 30% of the company’s revenue comes from algorithmic streams. That’s a big decrease in royalties. The company estimates that if half of all its streams were algorithmic, royalties would fall by $700 million per year.
In a statement, Spotify said that its Discovery Mode is designed to give artists and labels more power in the recommendation process. This is done by “increasing the number of tracks that are featured without losing money.” This feature is not available to all artists and labels, however.
The US House Judiciary Committee has expressed concern about Discovery Mode. It has sent a letter to Spotify CEO Daniel Ek and Chairman Hank Johnson Jr., a Democrat from Georgia, requesting more information on the feature. The committee said the feature could lead to a race to the bottom, or it could have a negative effect on the overall music ecosystem.
The US House Judiciary committee asked the company to answer a series of questions by June 16. The most pressing questions are, “What safeguards are in place to protect the integrity of the recommendation system?” and “What are the benefits of Discovery Mode?”
Aside from the obvious sexiest of benefits, Discovery Mode could also diminish the flow of royalties to artists. According to one study, artists with Discovery Mode tracks saw 40% more listeners than those without.
New plan being tested in five countries
Several countries have announced plans to increase the prices of their premium subscriptions. While most are expected to increase in Europe and Asia, there are plans to increase the prices of the Family and Duo plans in the UK.
Spotify announced a plan to increase the prices of its Family Plan by $1 to $16 per month. The plan will also increase the prices of its duo plan by $2 to $3 per month. The company is also testing a new friend feature.
The company will also increase the prices of its Student Plan in the UK. Students in other countries will pay a minimum of $1.08 per month, while in the US they will pay a maximum of $4.99. Those who currently subscribe to the Family or Duo Premium plan will get one more month for the current $15 price.
Spotify has been under significant pressure from Apple Music. Last year, Spotify increased its prices by 10% in Norway. The company is also under pressure from Amazon Music Unlimited, which is increasing the prices of its family plan.
The company also announced plans to test new plans, including a sleep timer. It also invited influential music bloggers to test its new product. It plans to release the findings of its test in two years.
The company has been expanding its presence outside of its Swedish headquarters. Last year, it hired former Ludacris manager Chaka Zulu to be its head of artist and talent relations. He helped make deals with major labels and Facebook.
The company is also testing a new friend option that allows users to share music with their friends. Spotify has also partnered with researchers from Stockholm School of Economics to study the effects of Work From Anywhere.
Streaming music is too damn cheap
Streaming music is too damn cheap on Spotify, but it’s a good thing for consumers. It allows more artists to get discovered and make a living. It also helps to stop piracy.
However, Spotify has a lot of other problems, too. For example, it has a lower gross margin than Apple Music. It’s also locked into exclusive contracts with artists, rights holders and labels, which can limit the type of music that it allows to be streamed. It also pays musicians less than they deserve.
Spotify also uses raw audio modeling to create a dissection of user listening habits. This can lead to feelings of ennui or disconnection.
Spotify also has the distinction of being the most popular music streaming service in the world. It has 350 million users. It’s also one of the best-known, and has a huge selection of music. It’s also got slick social features, like the ability to collaborate on playlists and send messages to friends through direct messages.
Spotify’s discovery mode is also a great feature. This allows artists to promote their songs for free. It also allows consumers to identify songs that are on the radio.
This is a huge win for Spotify, consumers, and artists. It also demonstrates that a music streaming service should have a segmented pricing strategy. If a service only had a zero to 9.99 jump, it would be too big a leap for a consumer to make.
On the other hand, if an ultra-cheap music subscription service were to be offered, it could be a bad thing for consumers and record labels. It could also hurt emerging artists who are afraid of hurting their career opportunities.
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