Apple is raising prices on its Apple Music streaming service and some of its subscription bundles, marking the first price increase for the music service in nearly four years. The cost of an individual Apple Music plan will rise to $10.99 per month, while a family plan will increase to $16.99 monthly. An Apple One bundle that includes Apple Music, Apple TV+, Apple Arcade and 200GB of iCloud storage is increasing from $14.99 to $18.99 per month.
The price hikes represent an adjustment in cost for consumers who rely on Apple’s subscription services. Billboard reported the last price increase for Apple Music occurred in October 2022. CNET notes that these increases come as customers are already facing rising costs across various subscriptions and services, making brand loyalty increasingly expensive.
No reason for the price increases was given by Apple in reporting from either outlet. The changes will be implemented with the next billing cycle, impacting both new and existing subscribers. While some subscription services have seen multiple price adjustments over the past few years, Apple has maintained relatively stable pricing for its music streaming service until now.
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