Jan 15 (Reuters) – Spotify said on Thursday it would raise the price of its monthly premium subscription service by $1 to $12.99 for existing subscribers in the United States, Estonia and Latvia markets.
Shares of the Swedish streaming giant rose nearly 3% in premarket trading.
The company said its new pricing would take effect on consumers’ billing dates starting in February. Subscribers will receive an email about the price adjustment.
(Reporting by Jaspreet Singh in Bengaluru; Editing by Shilpi Majumdar)
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