Microsoft announce that Power BI Premium capacity SKUs (the P-SKUs) will be retired in favour of Fabric capacity. New customers will not be able to purchase the P-SKUs after 1 July, 2024, but existing non-EA customers can renew their existing subscriptions until 1 January, 2025 and then (if required) purchase more capacity until the end of the subscription term, and EA customers can, of course, purchase/renew until the end of the EA term. There are no changes to either Power BI Pro or Power BI Premium Per User licensing.

Find the announcement here: https://bit.ly/3vLtBq4.