A music streaming app is going to have to come with a hefty price tag if it wants to be taken seriously in the music industry.
Spotify has announced that its new music app, Spotify Premium, will cost $9.99 a month, with the option to upgrade for $12.99 per month.
The subscription service will be available for a limited time in the U.S. starting January 3.
The pricing will not be available in Canada, but Spotify has confirmed that it will be able to offer the service to Canadians starting with the new year.
Spotify Premium will also include the ability to download new songs.
The new Spotify Premium app has a slick design and features such as playlists, curated playlists and a personalized playlist.
However, it has been hard to see how Spotify will get much traction among mainstream music fans.
Spotify will be offering free trials to existing users of the service, but the company has not revealed how many users will be eligible for the free trials.
The app will also be available to users who have already subscribed to Spotify, but will not automatically renew.
The company has also indicated that it is working on a premium subscription service that will include in-app purchases, but this may not be for at least a few years.
The company has said that the premium service will also have in-depth analytics and analytics features.
Spotify has also been rumored to be interested in the acquisition of Apple Music, though that deal is expected to fall through.
Spotify is also reportedly considering acquiring Google Music, but that deal has also fallen through.
Apple Music, the subscription service launched in late 2015, has since been taken offline, and Spotify has yet to announce plans to launch a standalone music streaming product.