Image: Nick Barclay / The Verge Spotify just announced that it would be increasing prices in the US, but on Friday, it announced a new Basic plan that brings back a $10.99 per month tier. This new offering gives you the same ad-free music listening perks you’d get on the $11.99 Premium Individual tier, but you won’t get the 15 monthly hours of audiobook listening that’s also included with Premium. Last year, Spotify bumped up the cost of Premium from $9.99 per month — the price the service launched at in the US more than a decade ago — to $10.99 per month. Now that Premium costs an extra dollar beyond that, the new Basic plan seems to indicate that Spotify sees demand for a cheaper option that drops audiobooks. It also creates a music-only offering that’s the same... Continue reading…

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