Apple today announced that it is increasing the price of Apple Music, Apple TV+, and Apple one bundles. The price hike is going to go into effect today.
Apple Music, Apple TV+, and Apple One bundles see price hike for the first time in the United States
This price hike marks the first time Apple has increased the subscription price for Apple Music, Apple TV+, and Apple one bundles.
The monthly price for Apple Music has been increased by $1 for individuals and $2 for families. The subscription cost for Apple TV+, which only offers one tier, is being risen by $2. As for Apple One bundles, the tech giant is raising the price by approximately $3 per month.
Apple says it increased the price of Apple TV+ to reflect the growing catalog it now offers of original content. As for Apple Music, the tech giant says that the price hike can be attributed to increased licensing costs. From an Apple spokesperson:
The subscription prices for Apple Music, Apple TV+, and Apple One will increase beginning today. The change to Apple Music is due to an increase in licensing costs, and in turn, artists and songwriters will earn more for the streaming of their music. We also continue to add innovative features that make Apple Music the world’s best listening experience. We introduced 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 an extensive selection of award-winning and broadly acclaimed series, feature films, documentaries, and kids and family entertainment from the world’s most creative storytellers.
Here is a breakdown of the price hike in the United States:
- Individual: $10.99 per month, up from $9.99
- Family: $16.99 per month, up from $14.99
- Individual Annual: $109 per year, up from $99
- Monthly: $6.99 per month, up from $4.99
- Annual: $69 per year, up from $49.99
- Individual: $16.95 per month, up from $14.95
- Family: $22.95 per month, up from $19.95
- Premier: $32.95 per month, up from $29.95
The price hike is not just exclusive to the United States, customers around the globe will receive notifications of the change 30 days prior to the subscription of the service renewing at the higher price.