The Spotify Family Plan is intended to offer entire families access to the music streaming services' expansive library for just $14.99 per month. Capable of being used by families or groups of five, the plan allows each user to have an individual account that organizes their specific playlists and songs.
The Spotify Family Plan comes in the wake of other streaming services like Apple Music and Google offering similar deals for families. The plan offers access across a plethora of devices including PCs, smartphones and tablets.
The Spotify Premium deal for families identifies a growing demand for family and group-centric deals that offer enhanced services for lower costs. We could see other similar streaming deals being created in the near future that mimic this notion.
Family Music Streaming Deals
The Spotify Family Plan Covers the Whole Family for $14.99 a Month
Trend Themes
1. Family-centric Streaming Deals - Creating music streaming plans specifically designed for families or groups that offer enhanced services at lower costs could disrupt the industry.
2. Competition in Family Streaming Plans - The emergence of Spotify, Apple Music, and Google offering family-oriented streaming plans indicates a rising trend in the market, leading to opportunities for disruptive innovation.
3. Multi-device Access for Families - The demand for streaming services that provide seamless access across various devices for each family member presents an opportunity for disruptive innovation in the streaming industry.
Industry Implications
1. Music Streaming Industry - The development of family-oriented streaming plans can disrupt the music streaming industry by targeting a larger consumer base.
2. Telecommunications Industry - The rise of family-centric streaming plans creates opportunities for telecommunications companies to collaborate with streaming services and offer bundled deals.
3. Entertainment Technology Industry - The demand for multi-device access in family streaming plans can drive innovation in entertainment technology, such as creating seamless cross-device integration.