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Spotify Wants to Raise Prices This Year, Ek Says

By
Isabelle Sarraf
· · Source: The Information

Spotify would “like to raise prices in 2023,” CEO Daniel Ek said during the company’s earnings call on Tuesday, as the company reported a first quarter loss of about $248 million compared with a profit a year ago. But Ek said the pricing decision was dependent on ongoing negotiations with label partners. A price increase would be the first for Spotify’s individual subscription plans, which have...

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