At this time, Apple introduced elevating the costs of its subscription companies, together with Apple Music, Apple TV+, and the Apple One bundle.
For the primary time, Apple has raised the costs of its music and video streaming companies in the USA.
Apple Music’s Particular person plan now prices a month-to-month $10.99, a $1 bump in value. Equally, a $2 enhance within the value of the music streaming service’s Household plan now locations it at $16.99.
The Cupertino-based tech large additionally introduced a rise in AppleTV+’s value. The month-to-month plan on the video streaming platform now prices $6.99, whereas an annual plan is $69.
For the reason that Apple One bundle consists of the Apple TV+ and Apple Music, the worth bump is a no brainer.
The Particular person and Household plan on the Apple One bundle now prices $16.95 and $22.95, respectively. Likewise, the Premium plan is now $32.95 in the USA — a $3 bump from the earlier value.
So why the worth enhance?
Greater Licensing Value Raises Apple Music Subscription Charges
In an announcement to 9to5Mac, an Apple spokesperson notes that the elevated Apple Music subscription price is because of the next licensing value. Apart from, the worth bump means that creatives can now earn extra for his or her music on the streaming platform.
“The subscription costs for Apple Music, Apple TV+, and Apple One will enhance starting in the present day. The change to Apple Music is because of a rise in licensing prices, and in flip, artists and songwriters will earn extra for the streaming of their music. We additionally proceed so as to add modern options that make Apple Music the world’s greatest listening expertise.”
The spokesperson additional identified that Apple launched Apple TV+ at a low value as a result of it solely had just a few exhibits and flicks.
Nevertheless, the video streaming platform has grown within the final three years. Now you’ll discover an intensive vary of award-winning and critically-acclaimed sequence, documentaries, and flicks. So the worth bump is no surprise.
Subscribers within the worldwide market may see an equal value enhance within the coming days.