Spotify has it New plan For US subscribers, which keeps you at the old $11 monthly price — as long as you don’t mind ditching audiobooks. The new basic tier includes the music and podcast content you get from Premium but without it 15 hours of access to audiobooks, which is a recently added feature that we think many subscribers don’t care about anyway. Spotify said earlier this month that it would do so High premium rates To $12 per month, starting in July.
The basic plan echoes one of them Rolled In the United Kingdom last month. This costs £11 per month compared to £12 for Premium with audiobook content.
Some suspect that Spotify’s audiobook push has nefarious motives. Earlier this month, the National Music Publishers Association She asked the Federal Trade Commission to investigate The move went so far as to describe the company’s audiobook integration as a “scheme to increase profits by deceiving consumers and defrauding the music royalty system.” The NMPA complaint alleges that Spotify will pay about $150 million less in music royalties over the next year due to audiobook consolidation. Spotify told Engadget it did nothing wrong and rejected the accusations.
Spotify has been pinching pennies in other areas. It was reported last year that the company She planned to repair her royalty model. One alleged part of this plan was to demonetize tracks that earned less than five cents a month, which alienated some independent artists who did not have established audiences.
Spotify too About 9,000 employees were laid off Late last year, citing “the gap between our financial target status and our current operating costs.”
Right after it’s published (it’s not yet published), you can switch to the audiobook-free tier by going to Your account page, then “Manage your plan,” “Change plan,” and choose “Basic.” If you are a new subscriber, you can choose the basic option when signature.