Spotify is elevating the value of its ad-free premium service in additional than 50 nations, together with the US, UK and Ireland.

The music-streaming firm, which has greater than 200m Premium subscribers, mentioned the transfer will lead to a $1 (78p) improve for US-based plans.

This means the value of a single plan will now begin at a month-to-month fee of $10.99 (£8.56), duo at $14.99 (£11.68), the household plan at $16.99 (£13.29) and the coed plan at $5.99 (£4.67).

The worth of UK-based plans is ready to extend by £1, in response to know-how news web site The Verge.

A complete of 53 nations can be affected by the value hike, together with Spain, Australia, Canada and France.

The firm mentioned current subscribers can be notified one-month earlier than worth modifications come into impact.

It comes as the opposite streaming providers have additionally raised costs as a consequence of rising stress from buyers to spice up profitability after years of rising person numbers.

Services from Apple and Amazon have elevated costs this 12 months, whereas YouTube additionally hiked costs final week on its month-to-month and annual premium plans within the US, the primary time because the subscription service was launched in 2018.

In latest months, Spotify has laid off hundreds of staff and restructured the podcast unit, which it had constructed up with billions of {dollars} in funding, so as to enhance revenue.

The Sweden-based firm mentioned Premium subscribers must change to their free ad-supported service if they don’t want to pay the upper payment.