Several streaming services, including Netflix, Max, Peacock, Spotify, and Twitch, have announced price increases for their subscription plans. Spotify, in particular, revealed plans to introduce a new, higher-priced premium subscription tier for its most dedicated users. This new plan will feature high-fidelity audio and enhanced playlisting tools, costing at least $5 more per month. The announcement, made on June 3rd, has already impacted Spotify's share price and trading volume. The trend reflects a broader shift in the streaming industry, which is increasingly mirroring traditional cable services in terms of pricing structures. Bloomberg reports that it's getting more expensive to watch your favorite streaming shows, especially without commercials.