Spotify has told MPs at an inquiry into the economics of music streaming that raising its subscription price could push users to online piracy.The streaming giant’s chief legal officer told the Digital, Culture, Media and Sport select committee (DCMS) inquiry earlier today (February 23) that raising its £9.99 monthly fee could turn subscribers away, despite suggestions that a hike could help artists earn more money.Spotify, which hasn’t altered its fee in a decade, is wary of helping nurture an illegal market if a new price becomes “unaffordable to consumers”, Horacio Gutierrez said.The DCMS inquiry was established in 2020 to investigate whether musicians are being paid fairly by services including Spotify, Amazon Music, Apple Music and.
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