Spotify’s first US price hike for Premium is coming next week

schizoidman@lemmy.ml to Technology@lemmy.world – 496 points –
Spotify’s first US price hike for Premium is coming next week
theverge.com
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Nice! Thanks for the heads up. ATT just told me my paperless discount is getting halved, so this is the perfect opportunity to even out my costs. Everyone of these tech companies is making a money grab this summer and I’m fed up

Prices on so many of these mega tech companies (DoorDash, UBER, etc.) have been kept artificially low for years by basically unlimited amount of venture capital.

They’re following the Walmart model- keep prices stupid low to establish dominance and drive out any competitor. Once there’s nobody left to compete you can jack up the prices to -hopefully- recoup your investment.

Great for the consumers at first… until their bills come due. Then we get massively screwed over. A tale as old as time…

I'm still salty from when this happened to Google photos

I wouldn’t group doordash in with the others.

They barely provide a service; leach off of restaurants, forcing them to raise their prices to maintain razor thin margins; and lobby for shitty legislation to not pay or give people benefits.

I agree with the general point, though.

That txt from ATT about the paperless discount was so poorly worded. Took me forever to realize I can still get the $10 discount if I switch the autopay to a debit card. It's only the credit card autopay/paperless that is getting reduced to $5.

Interesting, t mobile is removing their 5 dollar autopay discount unless you use a debit card too. I wonder what the deal with that is.

The email I just got from them said to expect a rate increase for my august billing cycle of 2.50 a line. So, even switching to a bank account from a credit card won’t help. They were just trying to make me more comfortable while bending me over.

Weird. My txt said the following:

"Hi, it's AT&T. As early as Oct. 2nd, the AutoPay and Paperless discount for customers paying by credit card will decrease from $10 to $5 per line. If you prefer to use your credit card, no action is required to receive a $5 discount."

Sounds like your offer is different. One quick tip if you are looking for other ways to save on AT&T. If you sign up for AARP you can get an additional $10 off of the top plan in addition to the paperless discount on AT&T.