
euros ($12.65), a company spokesperson
confirmed to Billboard. Additionally, family
plans rose to 21.24 euros ($24.15), two-
person “duo” plans increased to 17.20 euros
($19.56) and student plans increased to 7.07
euros ($8.04).
With those increases, France’s prices are
now comparable to Belgium, where an indi-
vidual premium plan was raised to 11.99 eu-
ros ($13.63) in April. In nearby Netherlands
and Luxembourg, an individual premium
account costs 12.99 euros ($14.77). The U.K.,
where Spotify last raised prices in 2024, an
individual premium plan costs 11.99 GBP
($16.21).U.S. and Australian prices were also
raised a second time in 2024.
The individual premium plan remains less
expensive elsewhere in Western Europe:
10.99 euros ($12.50) in Germany, Spain and
Italy, and 7.99 euros ($9.09) in Portugal.
Prices in parts of Northern Europe are com-
parable to France. An individual premium
plan costs 119 SEK ($12.37) in Sweden and
129 NOK ($12.70) in Norway. An outlier is
Denmark, where the same plan goes for 109
DKK ($16.62).
Spotify raised prices in France in May
2024 after the country passed a stream-
ing tax that requires platforms that earn
more than 20 million euros ($22 million) in
annual revenue to pay an additional 1.2%
charge. Upon passage of the bill in Decem-
ber 2023, Spotify pulled its support for two
local music festivals.
Higher prices, along with growth in the
number of subscribers, pushed Spotify’s
revenue up 16% in the first quarter. In Spo-
tify’s early high-growth years, prices were
unchanged as the company added value
through new features and audio formats
such as podcasts and audiobooks. In the last
two years, growth has slowed, and Spotify
has raised prices without consumer back-
lash. “Price increases are now part of our
toolbox,” Spotify’s co-president/chief busi-
ness ocer Alex Norström explained during
the company’s April 29 earnings call, “and
we take steps to balance the value to price
ratio over time — adding value, and then we
adjust the price when it makes sense for the
market.”
Record label executives have also voiced
their belief that platforms such as Spotify
will continue to raise prices in the coming
years. “One key shift in the industry is that
it’s moving from just subscriber growth to
growth driven by both subscribers and price
increases,” and price increases are “more
regular” than in the past, Warner Music
Group CEO Robert Kyncl said during the
company’s May 8 earnings call.
Jimmy Buett’s
Widow Sues to
Replace Business
Manager Handling
$275M Estate
BY RACHEL SCHARF
Jimmy Buett’s widow has filed a
court petition asking to replace her co-
trustee on the late singer-songwriter’s
$275 million estate, saying a business
manager tapped to handle the assets has
been “openly hostile and adversarial” while
ignoring her requests for financial transpar-
ency.
The petition was filed Tuesday (June 3)
by the late singer’s wife of 46 years, Jane
Buett, who married Jimmy Buett in 1977
and was made sole beneficiary of a marital
trust holding the bulk of the hitmaker’s
assets upon his death in September 2023
at the age of 76. The court filing says these
assets, including real estate and a 20% stake
in his successful island-themed hospitality
company Margaritaville, are worth roughly
$275 million.
Jimmy’s will named Rick Mozenter, an
accountant at the business management firm
Gelfand Rennert & Feldman, as co-trustee to
help Jane administer the estate. But Tues-
day’s petition says that rather than help Jane,
Mozenter has actually made life more dif-
ficult following her husband’s death.
“Mr. Mozenter has failed to perform even
the most basic tasks required of him in his
role as co-trustee, including providing Mrs.
Buett with information concerning trust
assets and finances, which has left Mrs. Buf-
fett in the dark with regard to the state of her
own finances,” write Jane’s lawyers from the
firm Sullivan & Cromwell. “Along the way,
Mr. Mozenter has belittled, disrespected and
condescended to Mrs. Buett in response to
her reasonable requests for information she
undoubtedly was entitled to receive.”
According to the court filing, Jane met
with Mozenter a month after Jimmy’s death
in October 2023 and asked how much in-
come she should expect to receive annually
from the trust. Mozenter dragged his feet
for 16 months, Jane’s lawyers say, repeatedly
ignoring her requests to get an answer as
she tried to make plans for her future.
Mozenter finally provided this estimate
in February 2025, and the results were
“shocking.” Mozenter told Jane she would
see less than $2 million in annual income
— an amount that would not cover Jane’s
expenses and “a remarkably poor return for
a trust with an estimated $275 million in as-
sets,” the petition states.
Jane’s lawyers say this estimate was
especially surprising because the trust had
received more than $14 million in distribu-
tions from Margaritaville over the previous
18 months. This made Jane concerned that
Mozenter was mismanaging the trust and
she requested additional financial informa-
tion from him, but the accountant once
again stonewalled.
The court filing also claims Mozenter has
been “unprofessional and combative” to
Jane and that he refused her request to sell
a piece of Bahamas real estate, even though
the Buett family rarely uses this property
and its costs more than $300,000 a year to
operate. Mozenter has billed more than $1.7
million in fees while engaging in this alleged
wrongdoing, Jane’s attorneys claim.
“Faced with what clearly has become an
unsolvable rift with Mr. Mozenter, and the
prospect of having to continue to unsuccess-
fully request that he discharge his duties, on
May 30, 2025, Mrs. Buett asked that Mr.
Mozenter resign as co-trustee,” says the pe-
tition. “Mr. Mozenter refused, insisting that
he remain in a position of authority over her
wealth. The situation is untenable and Mrs.
Buett requests this court’s assistance to
resolve it.”
Jane’s lawyers are asking a judge to re-
Page 12 of 23
IN BRIEF