Spotify flags price hikes as it introduces new services

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Spotify flags price hikes as it introduces new services
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The price increases would be accompanied by planned new services and features, the Financial Times cites Spotify chief business officer Alex Norstrom as saying

This is AI generated summarization, which may have errors. For context, always refer to the full article.

Spotify will raise prices as it invests in new features and targets 1 billion users, the Financial Times reported on Sunday, August 24, citing the music streaming provider’s co-president and chief business officer Alex Norstrom. It said the price will rise to 11.99 euros from 10.99 euros in markets including South Asia, the Middle East, Africa, Europe, Latin America and the Asia-Pacific region.

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