Amid rampant U.S. inflation, Apple raises prices for Apple Music, Apple TV+, and Apple One

Amid rampant inflation in the US at a 40-year high, Apple is raising the prices of Apple Music, Apple TV + and its Apple One service bundles, citing rising costs.



The company raised the price of Apple Music to $ 10.99 per month from $ 9.99 for individuals, effective immediately … The price of Apple TV + will go up to $ 6.99 from $ 4.99 and the package Apple One’s standard increases from $ 2 to $ 16.95.

The company said in a statement that the rise in the price of music is due to “an increase in licensing costs” and that artists and songwriters will now earn more … Apple is also increasing its annual music plan to $ 109. from $ 99 and its annual TV + subscription to $ 69 from $ 49. Apple One family bundles go for $ 22.95 from $ 19.95, while the Premier package, which adds News +, Fitness +, and additional storage beyond at Arcade, Music and TV +, it’s going up from $ 3 to $ 32.95.

In explaining the rise of TV +, Apple said the service was introduced “at a very low price” because it started with just a few shows and movies. It is now “home to a wide selection of award-winning and acclaimed series, feature films, documentaries and entertainment for children and families of the world’s most creative storytellers.”

MacDailyNews takes: Apple is simply doing what Disney, Netflix, etc. have already done so, several times.

Nobody seriously thought that Apple TV + would cost $ 4.99 a month forever, especially since it won major Emmys, Oscars, BAFTAs, etc. We’re surprised it’s been holding this low for so long (but it was a smart move by Apple to keep the price good and low while building a stellar content library).MacDailyNews, October 18, 2022

Expect Apple TV + to introduce an ad-supported tier for around $ 4.99 per month in the near future.

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