Spotify plans to raise premium plan price in US

Spotify Technology plans to raise the price of its ad-free premium monthly plan by $1 in the United States.

A smartphone is seen in front of a screen projection of Spotify logo, in this picture illustration taken April 1, 2018. REUTERS/Dado Ruvic/Illustration

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Audio-streaming platform Spotify Technology plans to raise the price of its ad-free premium monthly plan by $1 in the United States, the Wall Street Journal reported on Friday, citing people familiar with the matter.

The company could increase prices in other markets too in the coming months, according to the report.

Spotify did not immediately respond to a Reuters request for comment.

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