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  • 22 hours ago
Spotify rolled out music videos to U.S. and Canadian Premium users to boost engagement and prepare for a 2026 price hike that could add roughly $500M in annual revenue. Discovery tools aim to lift monetization as new co-CEOs take over.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:03Spotify expanded music videos to premium users in the U.S. and Canada on Tuesday
00:07to deepen engagement and increase platform value, according to Benzinga.
00:12Subscribers now have access to official videos, live performances, and covers.
00:17A new switch to video, and discovery tools boost in-app time, repeat streams,
00:22saves, shares, and artist-fan interaction.
00:25A November report said Spotify is preparing to raise U.S. subscription prices
00:28in early 2026, which J.P. Morgan estimated could generate $500 million in annual revenue.
00:35The company aims to reverse slipping monetization per user
00:38and address record label demands as incoming co-CEOs Gustav Söderström and Alex Nordstrom step in.
00:45Shares have gained 33% year-to-date.
00:47For all things money, visit Benzinga.com.
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