During a Sony Corp. investor presentation, Rob Stringer called for short-form video to provide more revenue for the labels that provide “premium quality artistry” for their platforms.
Prices will rise to $10.99/10.99 pounds per month for individual plans and $5.99/5.99 pounds per month for students.
Apple Music wasn’t the first music service to hike prices, but it laid the groundwork for its competitors to follow suit.