🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

Amazon to hike prices of some music subscription plans from Feb

Published 01/19/2023, 07:54 PM
Updated 01/19/2023, 08:01 PM
© Reuters. FILE PHOTO: A banner displaying the Amazon Prime Music logo is seen in Mumbai, India, February 28, 2018. REUTERS/Francis Mascarenhas
AMZN
-

(Reuters) - E-commerce giant Amazon.com Inc (NASDAQ:AMZN) said on Thursday it will increase the prices of some of its music subscription plans from February.

The price of Amazon Music's 'Unlimited Individual Plan' will go up by $1 to $10.99 per month, while its 'Unlimited Individual Student Plan' will go up to $5.99 from $4.99 per month, according to the company's FAQ page.

The company said the updated pricing starts on Feb. 21 and customers will begin seeing the new price on their bill following that date.

© Reuters. FILE PHOTO: A banner displaying the Amazon Prime Music logo is seen in Mumbai, India, February 28, 2018. REUTERS/Francis Mascarenhas

Amazon raised its music streaming service's price for Amazon Prime members in May last year, according to a Verge report.

The company raised the price of its annual U.S. Prime subscriptions by 17% in February last year, looking to offset higher costs for shipping and wages. It subsequently raised prices in Europe in July.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.