Major streaming platforms implemented their first comprehensive price increases in the past 18 months, marking the first such changes in over a decade. These increases affected standard subscription plans across major markets, including the US, where prices rose by approximately 10% to $10.99 from $9.99, along with various increases on student and family plans ranging from 7% to 20%[1].
Despite the increases, the subsequent subscription growth and churn rates remained stable, showcasing that music streaming subscriptions still provide compelling value for consumers[1].
Sign Up To Try Advanced Features
Get more accurate answers with Super Search, upload files, personalized discovery feed, save searches and contribute to the PandiPedia.
Sorry, Pandi could not find an answer.
Let's look at alternatives:
- Modify the query.
- Start a new thread.
- Remove sources (if manually added).
- Request a manual search from our human research team.