Core Insights - Spotify is preparing for its third price increase in three years, with plans to raise prices for U.S. customers in Q1 2026, following recent increases in other countries [1][2] - A $1 increase could potentially boost annual revenues by nearly $500 million, according to JPMorgan [1] - This price hike aligns with previous increases, including a $1 rise in June 2024 and another in July 2023 [2] Industry Context - Other music streaming services have also raised prices recently, including Pandora, Amazon Music, and Apple Music, indicating a broader trend in the industry [3] - The price increases are driven by record labels seeking higher royalty payments and a shift in focus from user acquisition to profitability [4] Company Developments - Spotify is undergoing an executive transition, with founder Daniel Ek stepping down as CEO while remaining as executive chairman, and Gustav Söderström and Alex Norström being appointed as co-CEOs [5]