Why I Will Be Buying More of the Netflix of Music Streaming!
A key point for my buying decision is that Spotify has already raised its prices for premium subscriptions for the 3rd time since 2023.
Since the fiscal year 2024, Spotify has been operating profitably.
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The global market for music streaming is vast and continues to grow, but similar to Netflix in video streaming, Spotify (NYSE: SPOT) has clearly distinguished itself from the competition. Despite offerings from Apple Music, Amazon Music, and Deezer, Spotify remains the dominant platform, both among users and artists. A key point for my buying decision is the new price increases. Spotify is raising prices for premium subscriptions for the 3rd time since 2023. In the USA, for example, the single plan increases from $11.99 to $12.99, and family...
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