Everyone seems to be looking to rake in a little more profit as companies all over raise the cost of various monthly and yearly subscription services. YouTube just recently raised the cost of family plan accounts quite a bit, for example (and this has many on edge over it). Now, Apple is adding its name to the list as well with some price hikes.
Specifically affecting Apple Music and Apple TV+ subscribers, the new price increases have already gone into effect and are thanks to increases in licensing costs for the company. Artists want more money (which is reasonable) and I’m sure some of it is Apple looking for a little more as well. Not to mention the selection size for TV has grown a lot.
For Apple Music, the general cost is going up from $10 to $11 (per month) while the cost of the family plan is moving from $15 to $17 (per month). Apple TV+ is moving from $5 to $7 (per month). Yearly prices are affected all the same.
Thankfully, the overall cost isn’t that bad compared to some of the other options out there. Unless, of course, you subscribe to multiple services. Then each price hike is a little more painful overall as once one company does it, the rest are sure to follow.