“The major record labels have been pressing Spotify, Apple Music and other music-streaming platforms to increase their fees, arguing prices have lagged inflation and subscriptions remain cheap compared to video services such as Netflix,” the report states.

As it explains, a current Spotify subscription in the United States costs $11.99, just two dollars higher than when the service initially launched 14 years ago.

Netflix, which rolled out its premium plan in 2013, has increased the price of that package, along with the basic package at least every other year from 2016 through 2022 (including one year with a switch to high-definition), as Flixed detailed.