
An undated image showing Spotify logo. — Pixabay
Spotify, the music-streaming giant, unveiled a new basic tier to its music plans on Friday, priced at $11 per month, which eliminates the monthly audiobook listening time.
The new Spotify Basic plan, currently available only to US subscribers, removes access to the 15 hours of monthly audiobook listening and provides subscribers access only to music and podcasts.
Recently, Spotify announced its second price increase in less than a year, raising the price of its Premium plan from $11 to $12 per month, its Duo plan from $15 to $17 per month, and its Family plan from $17 to $20 per month.
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Additionally, the company introduced a new $10 per month Audiobooks Access plan for avid readers, which includes 15 hours of audiobook listening per month. This plan also includes music.
It is expected that Spotify may announce more new plans or pricing changes later this year. The Sweden-based music streamer is also considering a “HiFi” plan, with reports suggesting a new $5 per month high-resolution audio “add-on” might be available by the end of the year.