Spotify Weighs $6 Premium for Added Features, Access to Tickets
- Spotify is hoping to roll out its new Music Pro this year
- Customers may get early access to concert tickets, other perks
Spotify had its best year of user growth in 2024 and posted an annual profit for the first time.
Photographer: Tiffany Hagler-Geard/BloombergSpotify Technology SA is looking to charge as much as $5.99 a month on top of existing subscriptions for a new super-fan streaming service that will include higher-quality audio, remixing tools and access to concert tickets, people familiar with the matter said.
The company hopes to roll out the Music Pro tier later this year, said the people, who asked not to be identified because the plans are confidential. The pricing and timeline aren’t set because Spotify is still working through the details and doesn’t have rights from all of the major music companies, they said. Prices for Music Pro will vary by geography, with the cost lower in less-developed markets.