Spotify chief content officer Ken Parks confirmed during SXSW that his company will soon offer family plans to its subscriber base. Currently, users can opt to sign up for a $4.99 plan that offers unlimited music listening and no ads or a $9.99 monthly premium plan that offers the same benefits plus the ability to access the service from a mobile device. The premium plan also enables mobile users to cache songs for offline playback. Parks did not confirm how much the family plans will cost, but we imagine it’s definitely going to be a good thing for households that currently have multiple subscribers signed up for a premium plan. As The Verge points out, Spotify competitor Rdio currently offers family plans that cost $17.99 per month for two users or $22.99 for three users. Should Spotify follow a similar pricing model, customers should experience solid savings each month.

[via The Verge]