There is no denying that Spotify is one of the most popular music streaming apps worldwide, with over 500 million users. Users are extremely angry after hearing that Spotify is raising its prices in both the UK and the US. The premium, duo, and family plans have all been raised by Ā£1/month ($1/month), resulting in some users now paying a significant Ā£17.99/month ($16.99) for their subscription.
Users Tag Spotify as Greedy for Increasing PriceĀ 
Spotify justifies the price hike as necessary to continue innovating, but numerous users disagree and criticize it as a “greedy” move. The anger is so intense that some users are going to the extent of canceling their accounts, as seen in one tweet stating, “I’m going back to Apple Music.”
Spotify made the announcement about the price changes through a blog post on Monday. They mentioned that they would be informing their customers about the upcoming price increase through email notifications. Spotify explained that the market landscape has been continuously changing since their initial launch. In order to continue innovating, Spotify has decided to adjust its Premium prices in various markets worldwide. Spotify believes that these updates will enable them to maintain the value they provide to both users and artists on their platform.
Spotify’s UK premium plan has increased from Ā£9.99/month to Ā£10.99/month, while the
duo subscription and family plans, accommodating six users, have each risen by Ā£1. The duo plan now costs users Ā£14.99, and the family plan costs Ā£17.99. The student subscription plan, priced at Ā£5.99 per month, remains unaffected by the price hike.
In the US, the family plan’s cost has increased to $17 per month from its previous price of $16, reflecting a similar increase to that in the UK. In the US, the duo plan’s price has risen from $13 to $15, while the student subscription rate remains unchanged. Many users have expressed their discontent on Twitter, with numerous calling Spotify “greedy” in response to the price hike.
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One user on Twitter questioned whether the Spotify price increases would result in higher payments to artists. This expresses doubt and suggesting that the motive behind the hike is more about greedy executives wanting to increase their own profits. Another user on Twitter expressed their frustration. He accused Spotify of being “pure greedy” for raising the price of a single account to Ā£11.
Some Spotify Users Decide to Cancel Their Premium Subscriptions
Amid the price increase, some users have shared their decision to cancel their accounts. One user tweeted, “After 14 years, I don’t love you enough to pay an additional $2/mo #ByeFelicia,” indicating their disappointment with the change and their intention to leave the platform.
One user expressed frustration, stating that they recently upgraded to Premium but received an email about the price increase. Despite it being just a $1 increase, they are considering canceling because the justification provided by Spotify for the hike does not resonate with them. They prioritize fair payment to artists over additional features or innovations.
How to Cancel Spotify Premium Plan 
If you wish to cancel your Premium plan, you can follow these steps:
1. Log into your Spotify account at spotify.com/account.
2. Under “Your plan,” click on “CHANGE PLAN.”
3. Scroll down and click on “Cancel Spotify” and then “CANCEL PREMIUM.”
Spotify clarified that if you choose to cancel your Premium plan, you will continue to have access to Premium features until your next billing date. After that, your account will switch to the free version.
While on the free plan, you will still be able to keep your playlists and saved music. However, you will experience ads while using the platform. Additionally, you can log in and play music as usual, even with the free account.
