{"id":88828,"date":"2024-06-22T00:03:47","date_gmt":"2024-06-22T04:03:47","guid":{"rendered":"https:\/\/www.cyberlego.com\/web\/2024\/06\/22\/spotify-unveils-basic-music-only-subscription-tier-at-reduced-price\/"},"modified":"2024-06-22T00:03:47","modified_gmt":"2024-06-22T04:03:47","slug":"spotify-unveils-basic-music-only-subscription-tier-at-reduced-price","status":"publish","type":"post","link":"https:\/\/www.cyberlego.com\/web\/2024\/06\/22\/spotify-unveils-basic-music-only-subscription-tier-at-reduced-price\/","title":{"rendered":"Spotify Unveils Basic, Music-Only Subscription Tier at Reduced\u00a0Price"},"content":{"rendered":"

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\n\tSpotify has officially unveiled a basic premium tier for users who prefer not to pay extra for audiobooks, the company announced Friday (June 21). The plan is priced at $10.99 \u2014 $1 less than its premium individual plan, which includes 15 hours of audiobook listening time per month.<\/p>\n

\n\tThe reveal of the basic tier, which Spotify teased during its Q1 earnings<\/a> call in April, follows the company\u2019s June 3 announcement<\/a> that it would be raising prices in the United States for a second consecutive year. Starting in July, its premium individual plan will bump up to the $11.99 price point, while its duo plan will rise to $16.99 a month (up from $15.99) and its family plan will spike $3 to $19.99 a month.<\/p>\n

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\t\t\t\t\tRelated\t\t<\/p>\n<\/h3><\/div>\n

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\t\t\t\t\t\t\"Adapting<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

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\t\t\t\t\tSpotify Waited Years to Roll Out High-Definition Audio. The Delay Just Might Pay\u00a0Off\t\t<\/p>\n<\/h3><\/div>\n

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\n\tThe news also follows a recent Bloomberg <\/em>report that Spotify plans to roll out a high-fidelity audio tier<\/a> later this year for $5 more per month than its premium individual plan.<\/p>\n

\n\tShares of Spotify rose 1.5% to $317.86 this week, marking their third consecutive weekly gain. On Friday alone, the stock gained more than 1.2%.<\/p>\n

\n\tThe new tier comes amid a pitched battle between Spotify and music publishers following the streamer\u2019s decision to reclassify its premium offerings as \u201cbundles,\u201d which qualifies those plans for a discounted rate on mechanical royalties in the United States. According to Billboard<\/em> estimates<\/a>, publishers and songwriters will earn roughly $150 million less in royalties in the first year following the change.<\/p>\n

\n\tOn May 15, nearly one month after the bundles were first reported, the National Music Publishers\u2019 Association (NMPA) sent Spotify a cease and desist<\/a> letter for allegedly hosting unlicensed lyrics, music videos and podcast content on the service. The following day, the Mechanical Licensing Collective (the MLC) sued the streaming company<\/a>, alleging it had \u201cimproperly\u201d classified its premium tiers as bundles.<\/p>\n

\n\tLater in May, NMPA president\/CEO David Israelite sent a letter<\/a> to Judiciary Committee leadership in both the U.S. House and Senate asking for an overhaul of the statutory license in section 115 of the Copyright Act, which \u201cprevents private negotiations in a free market\u201d for mechanical royalty rates for songwriters and music publishers in the United States. At the NMPA\u2019s annual meeting on June 12, Israelite announced<\/a> that the organization had filed an official complaint with the Federal Trade Commission (FTC) and sent letters to the attorneys general for nine states along with consumer trade groups, alleging Spotify has violated the Restore Online Shoppers\u2019 Confidence Act (\u201cROSCA\u201d), section 5 of the FTC Act and other consumer protection laws.<\/p>\n

\n\tSpotify has hit back at the various actions taken by the NMPA, at various points calling its accusations \u201cbaseless\u201d and \u201cmisleading.\u201d Of the MLC lawsuit, the streamer argued that \u201cbundles were a critical component\u201d of the Phono IV agreement struck between publishers and streaming services, that \u201cmultiple DSPs include bundles as part of their mix of subscription offerings\u201d and that it \u201cpaid a record amount to publishers and [collecting] societies in 2023 and is on track to pay out an even larger amount in 2024.\u201d<\/p>\n<\/div>\n<\/div>\n

Aller \u00e0 la source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Spotify has officially unveiled a basic premium tier for users who prefer not to pay extra for audiobooks, the company announced Friday (June 21). The plan is priced at $10.99 \u2014 $1 less than its premium individual plan, which includes 15 hours of audiobook listening time per month. The reveal of the basic tier, which […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-88828","post","type-post","status-publish","format-standard","hentry","category-musique","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"_links":{"self":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts\/88828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/comments?post=88828"}],"version-history":[{"count":0,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts\/88828\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/media?parent=88828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/categories?post=88828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/tags?post=88828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}