Spotify Launches , Basic Streaming Plan.<br />The streaming company announced the new <br />"Basic" plan on June 21, TechCrunch reports.<br />It will cost $10.99 per month, <br />but it won't grant access to audiobooks. .<br />Other than that, the Premium <br />benefits will remain the same. .<br />The news comes after Spotify raised its <br />Premium plan price to $11.99 a few weeks ago. .<br />The new "Basic" plan could be the first of a few <br />new subscription tiers, TechCrunch reports.<br />Spotify is reportedly developing a "Supremium" plan at the moment which would grant access to high-fidelity audio.<br />According to 'Bloomberg,' that tier will <br />cost a minimum of $5 more each month.<br />The streaming giant reported a <br />20% revenue increase in April.<br />It also saw Premium subscriptions <br />increase by 14%.<br />Spotify's Q2 2024 earnings are <br />expected to be released on July 24
