Apple is raising prices for Apple Music and Apple TV Plus starting today. The services will start costing individuals up to an additional $3 per month.
A few years ago, Apple started relying heavily on its subscription services as an additional source of income. At this point, the company has dedicated services for music, fitness, TV, cloud storage, and more. Two of the most popular subscriptions it offers are Apple Music and TV Plus. As you may have guessed from their names, the former is a competitor to Spotify, while the latter competes with the likes of Netflix and Disney Plus.
For single subscriptions, these services cost $10 and $5, respectively. Starting today, the company will raise their prices to $11 and $7. That’s an additional $3 total each month for individuals who rely on both services. An Apple spokesperson shared the following statement:
Subscription prices for Apple Music, Apple TV +, and Apple One will go up starting today. The change in Apple Music is due to increased licensing costs, so artists and songwriters will earn more for streaming their music. We’re also continuing to add innovative features that make Apple Music the best listening experience in the world. We offered Apple TV + at a very low price because we started with just a few shows and movies. Three years later, Apple TV+ is home to a wide range of award-winning and widely acclaimed series, feature films, documentaries, and kids and family entertainment from the world’s most creative storytellers.
Those who subscribe to Apple One packages will also have to start paying an extra $2 – no matter which tier they choose. So the Single, Family, and Premier Apple One packages now respectively cost $17, $23, and $33/month, respectively. If you reside outside the US, you can expect prices to rise in a similar fashion – depending on your local currency.
Will you cancel Apple subscriptions after this price hike? Why and why not? Let us know in the comments section below.
Across: 9to5Mac
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