Apple TV+, Apple Music, and Apple One to increase their prices
Apple Music, Apple TV+, and Apple One subscriptions are increasing their prices as of October 25, 2022. Apple cites licensing costs as its reason.
Apple is following suit with the rest of its competition as the company has decided to increase its pricing for its multiple subscription-based services.
This is after the announcement of Disney+, Netflix, and other streaming giants that they will increase their monthly subscription prices.
The big players in the streaming competition seem to put the weight of their move on the increase of cost in licensing. The increase will also affect the Apple One bundle.
Apple Service | Pricing before October 25, 2022 | Pricing after October 25, 2022 |
Apple TV+ | $ 4.99/month $ 49.99/year | $ 6.99/month $ 69/year |
Apple Music | $ 9.99/month $ 99/year $ 14.99/month (family account for up to 6 users) | $ 10.99/month $ 109/year $ 16.99/month (family account for up to 6 users) |
Apple One | $ 14.95/month | $16.95/month |
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Comparing charges of Apple TV+ and other streaming services
Monthly subscribers are looking at a 1-2 dollar increase in their monthly subscriptions. Some companies, like Netflix, are starting to be more creative.
They are putting more options for their subscribers. They are planning to launch a monthly subscription with ads. However, other competing companies have offered this, like Hulu and HBO Max.
“The subscription prices for Apple Music, Apple TV+, and Apple One will increase beginning today. The change to Apple Music is due to an increase in licensing costs, and in turn, artists and songwriters will earn more for the streaming of their music. We also continue to add innovative features that make Apple Music the world’s best listening experience. We introduced Apple TV+ at a very low price because we started with just a few shows and movies. Three years later, Apple TV+ is home to an extensive selection of award-winning and broadly acclaimed series, feature films, documentaries, and kids and family entertainment from the world’s most creative storytellers.“
Apple’s official statement of the increase
If you’re starting to doubt your loyalty to Apple after this impending increase in their service cost, or if you just want to compare how much each of the streaming giants is planning to increase the cost of their monthly subscription, here’s a table that can give you a better picture of that:
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Streaming Service | Current Pricing | New Pricing | Details |
Apple TV+ | $ 4.99 monthly $ 49.99 yearly $ 14.99 monthly with Apple TV?+, Apple Arcade, and Apple Music if you purchase the Apple One bundle. | $ 6.99 monthly $ 69 yearly $ 16.95 monthly with Apple TV?+, Apple Arcade, and Apple Music if you purchase the Apple One bundle. | -Increase is effective on October 25, 2022 -No Ads |
Netflix | $9.99 monthly – Basic $15.99 monthly – Standard $19.99 monthly – Premium | $6.99 monthly for Basic with ads | – Basic with ads* (available on the first week of November 2022) – Basic – Watch on 1 supported device at a time – Standard – Watch on 2 supported devices at a time – Premium – Watch on 4 supported devices at a time |
Disney+ | $ 7.99 monthly (no ads) $ 79.99 yearly (no ads) | $ 7.99 monthly (with ads) $ 10.99 monthly (no ads) $ 79.99 yearly (with ads) $ 109.99 yearly (no ads) | The monthly subscription with ads will start on December 8, 2022. It will be rolled out to the international market in 2023. |
Amazon Prime Video | $ 14.99 monthly $ 139 yearly | N/A | Amazon has already increased its pricing on February 18, 2022. -No Ads |
Hulu | $ 7.99 monthly (with ads) $ 14.99 monthly (no ads) | N/A | Hulu has already increased its pricing on October 10, 2022. |
HBO Max | $ 9.99 monthly (with ads) $ 14.99 monthly (no ads) | N/A | HBO Max has not changed their subscription prices since May 27, 2020. However, according to Warner Bros. CFO Gunnar Wiedenfels, “HBO Max is fundamentally underpriced.” |
YouTube TV | $ 17.99 monthly (family plan) | $ 22.99 monthly (family plan) | The increase will start on the first billing cycle on or after November 21, 2022. |
Paramount+ | $ 5.99 monthly -Essential $ 9.99 monthly – Premium | $ 11.99 monthly -Essential $ 14.99 monthly – Premium | Starting October 2, 2022, Paramount+ has been bundled with Showtime for both plans Essential – with ads Premium – No ads |
Discovery+ | $ 4.99 monthly (with ads) $ 6.99 monthly (no ads) | N/A | Discovery+ has not changed its subscription prices since January 4, 2021. However, HBO Max and Discovery+ recently merged. There is a good chance of an increase in 2023. |
ESPN+ | $ 9.99 monthly $ 99.99 yearly | N/A | ESPN+ has already increased its monthly and annual subscription on August 23, 2022. |