Apple Hikes Prices for Music, TV Streaming
Apple increased prices for its music and TV streaming services.
Apple Music individual plans now cost $11.99. Family plans jumped to $19.99. Apple TV+ also saw a price increase. It now costs $9.99 each month. These new prices are for U.S. customers.
Apple points to higher licensing costs. These costs are for the content it offers. The price changes help cover these rising expenses. This impacts customers who enjoy Apple's streaming content.
Other streaming services also faced price hikes this year. Disney+, YouTube Premium, and Amazon Music Unlimited increased their prices. Rising content costs affect the entire industry. Customers can expect to pay more for popular streaming platforms.
This trend means you might pay more for your favorite shows and music. Review your subscriptions. Decide which services offer the best value for your entertainment dollar.
Source: Fox Business