While the bumps are marginal, they represent a general upward trend that began during the pandemic.
The price increases go across the board, asdetailedin the latest earnings report.
The ad-supported tier is going up from $6.99 to $7.99 monthly.
The premium high tier is inflating from $22.99 to $24.99 monthly.
These new rates will kick in during customers' next billing cycle.
All this has led to an operating income topping $10 billion for the first time.
Part of that growth strategy involves new offerings like the “Extra Member with Ads” plan.
