Spotify said it’s increasing prices so that it can “continue to invest in and innovate on our product features and bring users the best experience."
For example, a reported user going by “ccolburn” on Spotify’s online forum reacted to this news with a post titled, "I only want music only!
Spotify stock opened 5.5 percent higher on news of subscription prices rising, The Wall Street Journal reported today.
The announcement of price changes follows Spotify’s recent decision this December to brick its Car Thing hardware after releasing it to the general public in February 2022.
Spotify has previously declined to specify to Ars Technica the exact criteria required for receiving a full refund on Car Thing.
As Spotify tries to push toward profitability by raising prices and adding new endeavors and by distancing itself from old ones, it walks a tightrope in maintaining the type of customer satisfaction and trust that’ll keep people subscribing.
The original article contains 769 words, the summary contains 154 words. Saved 80%. I’m a bot and I’m open source!
This is the best summary I could come up with:
Spotify said it’s increasing prices so that it can “continue to invest in and innovate on our product features and bring users the best experience."
For example, a reported user going by “ccolburn” on Spotify’s online forum reacted to this news with a post titled, "I only want music only!
Spotify stock opened 5.5 percent higher on news of subscription prices rising, The Wall Street Journal reported today.
The announcement of price changes follows Spotify’s recent decision this December to brick its Car Thing hardware after releasing it to the general public in February 2022.
Spotify has previously declined to specify to Ars Technica the exact criteria required for receiving a full refund on Car Thing.
As Spotify tries to push toward profitability by raising prices and adding new endeavors and by distancing itself from old ones, it walks a tightrope in maintaining the type of customer satisfaction and trust that’ll keep people subscribing.
The original article contains 769 words, the summary contains 154 words. Saved 80%. I’m a bot and I’m open source!