6/14/2023 0 Comments Spotify to buy arsenalSpotify announces price increases in the UK and Europe /464j6PVjJ3 Must have missed where the increase helps pay artists more, tho? Pretty cool timing to announce the increase the family price shortly after your CEO just putting it out there that he has the capital to buy Arsenal. Forbes values the team at $2.8 billion as of April 2021. However, many are more upset at the optics than the increase.ĮSPN reports that Spotify owner and CEO Daniel Ek is in talks to buy North London football club Arsenal. Last month Digital Music News reported that Spotify tested the price hike waters in the UK with a survey indicating rates 15- to 33-percent higher than current subscriptions. Some users on Twitter were upset at the price increase, but it should not have come as a surprise. Current Premium members won't start paying more until their June billing cycle. The rate change goes into effect on April 30 for new subscribers. Users will be looking at a £1-2 increase in the UK and a €1-3 hike in the EU. In a nutshell: Spotify is raising its Premium subscription prices in the United Kingdom and Europe.
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