Top artists are using Spotify as a preferred platform to promote their music and, in 2021, the number of Spotify Premium subscribers crossed the 165 million mark. It gives you access to millions of copyrighted songs with a single app. Spotify is the best thing that’s happened to music-loving human beings. We’ve figured out how to get potentially greater savings on Spotify than any other method. As music fans, we can’t go without our playlist. Earlier this month, Apple disclosed that it pays a penny per stream to music rights holders, or about double compared to Spotify, according (Opens in a new window) to The Wall Street Journal.If you’re at wit’s end on how to get a cheap Spotify Premium, we might just point you in the right direction to enjoy great savings. The “macroeconomic factors” may allude to competitors paying to secure more record labels and artists. In a statement, Spotify merely said: “we occasionally update our prices to reflect local macroeconomic factors and meet market demands while offering an unparalleled service.” The company didn’t really explain why the costs are going up. However, Spotify began rolling out the family plan in other markets in October, and later noted (Opens in a new window) that its users did not abandon Spotify as a result. Naturally, some users are peeved after the company sent out emails on Monday notifying them about the higher fee. However, the Family Plan in the UK gets a bigger hike, going from £14.99 to £16.99, which converts into $23.60. For example, in the UK, the Student plan is going from £4.99 to £5.99 per month, while the Duo plan increases from £12.99 to £13.99.

That's not the case overseas, where certain markets will also see a price hike on April 30. In the US, the music-streaming service is raising the price of the family plan from $14.99 to $15.99 on Friday, April 30. (A family plan can serve six users.) Prices for its other plans, including the base $9.99-per-month Premium plan, will remain the same in the states. If you’re on a Spotify Family plan, get ready to pay a little more. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)

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