** Shares of music streaming platform Spotify SPOT.N rise 4% to $653 in premarket trading
** SPOT to raise monthly price of its premium individual subscription in select markets from September
** Price will rise to 11.99 euros ($13.86) per month from 10.99 euros in markets including South Asia, the Middle East, Africa, Europe, Latin America and the Asia-Pacific region
** Over the next month, subscribers will receive an email explaining the price increase
** Up to last close, stock had risen about 40% YTD
(Reporting by Kritika Lamba in Bengaluru)
((Kritika.Lamba@thomsonreuters.com))
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