Spotify, the global music streaming giant, has unveiled a new subscription tier exclusively for music lovers in the UK. Dubbed “Basic Individual,” this new plan offers a cost-effective alternative for users who prefer their streaming experience to be solely focused on music, excluding access to audiobooks.
Priced at £10.99 per month, the Basic Individual tier provides an affordable option for those uninterested in audiobook features.
This strategy comes after Spotify’s recent price adjustment for its flagship Premium Individual plan in the UK.
As of April, the cost of the Premium Individual subscription, which includes 15 hours of audiobook listening each month, increased from £10.99 to £11.99.
The introduction of the Basic Individual tier highlights Spotify’s approach to cater to varied user preferences, offering a tailored subscription model that can attract a broader audience.
This new tier is currently only available in the UK, with no announcements yet regarding its availability in other markets.
Spotify’s decision to segment its subscription offerings comes amid increasing competition in the streaming industry, where personalization and cost-effectiveness are crucial for retaining and expanding the user base.
The new Basic Individual plan is poised to appeal to music enthusiasts seeking a streamlined and affordable streaming experience without the added cost of audiobook access.