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Why did the OtterAI Pro plan price suddenly increase from $1299 to $1699?

Otter.ai's Pro plan price increase from $1,299 to $1,699 represents a 31% jump.

Existing Otter Pro monthly plan users, as of September 26, 2022, will maintain their current pricing and features until November 30, 2022.

New subscribers to Otter Pro Annual via Apple App Store or Google Play Store will pay $1,199.99 annually, starting in 2023.

Otter Pro Monthly users have the option to stay on their current plan until November 30, 2023, with current pricing and features.

New Otter Pro Annual subscribers will be notified via email 45 days before their renewal regarding any pricing changes.

The price change will not affect those currently subscribed to Pro Annual, but their renewals will be subject to change in the future.

The new pricing may impact Otter.ai's competitiveness in the transcription services market.

The price increase may fund improvements and new features on the platform.

Otter.ai offers a 20% discount on Otter Pro Monthly and Otter Pro Annual plans for individual students and teachers using an .edu email address.

The Otter Pro Annual plan costs $667 per month when billed annually for students and teachers with an .edu email address.

The Otter Pro Monthly plan costs $135.90 per month for students and teachers with an .edu email address.

The Basic Plan includes 300 minutes of transcription per month at no cost.

The Pro Plan costs $10 per user per month (billed annually) and provides 1,200 minutes of transcription per month for meetings of up to 90 minutes each.

The Business Plan costs $35 per user per month (billed annually) and includes features like custom vocabulary, user management, and premium support.

The new pricing structure took effect in 2023, following the initial announcement in late 2022.

Transcription minutes have dropped from 6,000 to 1,200 minutes per month for the Pro Plan, making the price increase seemingly more drastic.

OtterAI's pricing and plan structure focus on catering to both individual and business users with varying needs.

Otter.ai's speech recognition technology relies on advanced algorithms and machine learning to transcribe audio and video content accurately.

The platform's transcription capabilities support multiple languages, making it appealing for international users.

Otter.ai's integration with various third-party applications, such as Google Meet, Zoom, and Dropbox, provide users with a seamless transcription experience.

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