Spotify is preparing a revamp of its plans and prices, according to a new report from Bloomberg. This will include price hikes in a few major markets, and there will also be a new plan that doesn’t include audiobooks.
The prices will go up by about $1 per month for individual plans to $2 per month for the family plans and duo plans in the UK, Australia, Pakistan, and two other unnamed markets, the report says. In the US, its largest market, a price hike is coming “later this year”, according to “people familiar with the matter”.
The higher pricing will allegedly help cover the cost…