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New York Post
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Spotify will raise prices as music giant introduces new features, eyes 1 billion users: report

1. Spotify is raising subscription prices to fund new features. 2. Price increases target markets like Europe, Asia, and Africa. 3. Spotify aims for 1 billion users and improved profit margins. 4. Price adjustments are part of Spotify's business strategy. 5. Past increases helped Spotify achieve its first annual profit.

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FAQ

Why Bullish?

The price hikes indicate confidence in demand. Historical price adjustments have previously led to increased profits.

How important is it?

Price increases are a strong signal of Spotify's growth strategy and potential revenue boost.

Why Short Term?

The immediate impact will likely reflect in quarterly earnings, with long-term growth more uncertain.

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