The monthly Apple Music package price has increased to 1 USD for individuals and 2 USD for family packages, Apple TV+ service has also increased by 2 USD per month. The full-featured Apple One service package has also increased by $3,000 per month.
Apple said that the increase in Apple Music service subscription fees is due to increased licensing costs. The company said that artists and musicians will earn more money on each streaming due to price changes. Regarding Apple TV +, the company said that the increase in price reflects an increasing portfolio of TV shows and original movies.
Apple Music, Apple TV +, and Apple One subscription prices will increase starting today (October 24). The change for Apple Music is due to increased licensing costs, and artists and musicians will earn more money to stream their music.
We also continue to add improved features that make Apple Music the best listening experience in the world. We have introduced Apple TV + at a very low price because we have only started with a few shows and movies.
Three years later, Apple TV + is a place to display a rich selection of series, feature films, documentaries and entertainment for children and families from the most creative storytellers in the world, said the company's spokesperson.
However, the new price is currently only for the US market. There is still no accurate information about the US technology giant's service price increase in other markets.
Apple believes that the prices of their services are still competitive. Unlike its competitors, Apple's services include more standard features like Apple Music, including lossless audio and free Spatial Audio, while Spotify does not currently offer these features. Similarly, TV + does not increase the price to have better video quality when 4K HDR is included as standard.