: Apple Music and Apple TV+ prices are going up. Here’s how much you’ll soon pay for streaming.

by | Oct 24, 2022 | Stock Market

Netflix Inc. and Walt Disney Co. both raised prices of their U.S. streaming services this year, and now Apple Inc. is following suit. The smartphone giant is raising prices on a number of its consumer-facing services including Apple TV+, according to new pricing data on the company’s website. 9to5 Mac reported on the price changes earlier Monday.

Apple+ now costs $6.99 a month after a free weekly trial, up from $4.99 a month previously. Apple Music will cost $10.99 a month for an individual plan, up from $9.99 a month before, and cost $16.99 a month for a family plan, up from $14.99 previously. Shares of Apple
AAPL,
+1.87%
were up 0.8% in afternoon trading Monday, while shares of rival Spotify Technology SA
SPOT,
+6.02%
rallied sharply around midday and were recently ahead more than 6%. Spotify charges $9.99 for an individual plan and $15.99 for a family plan. Apple is also hiking the price of Apple One, a bundle that includes both the Apple Music and Apple TV+ services. An individual Apple One monthly membership will go for $16.95, up from $14.95, while a family membership will cost $22.95, up from $19.95 previously. Those two tiers also include access to the Apple Arcade gaming service and iCloud+ storage, neither of which are seeing price changes individually. A premier Apple One package, which also includes Apple News+ and Apple Fitness+, will see its monthly price jump to $32.95 from $29.95. “We introduced Ap …

Article Attribution | Read More at Article Source

Share This