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Spotify is officially raising its Premium subscription rates<\/a> in the US come July, following reports of the move in April<\/a>. The platform is increasing its Individual plan from $11 to $12 monthly and its Duo plan from $15 to $17 monthly \u2014 the same jump as last year’s $1 and $2 price hikes<\/a>, respectively. However, its Family plan is going up by a whopping $3, increasing from $17 to $20 monthly. The only subscribers getting a break are students, who will continue to pay $6 monthly.<\/p>\n Spotify announced the price hikes less than a year after its previous one last July<\/a>. Before that, Spotify hadn’t raised its fees since launching a decade and a half ago. I guess it was too optimistic to hope the next increase would also take that long, especially with Spotify’s continued focus (and money dump) on audiobooks.<\/p>\n Premium subscribers should receive an email from Spotify<\/a> in the next month detailing the price hike and providing a link to cancel their plan if they would prefer to do so. Users currently on a trial period for Spotify will get one month at $11 after it ends before being moved up to a $12 monthly fee.<\/p>\n<\/div>\n