The Cost of a Stream: What Spotify’s Price Hike Means for Independent Music

You have probably seen the headlines. For the first time since launching in the U.S., Spotify is raising its subscription prices. The standard Premium plan is moving from $9.99 to $10.99 a month. At a glance, a dollar increase does not seem like much. But in the music industry, this shift is massive, and as an independent label based in St. Petersburg, FL, we feel it deeply.