Apple Raises Prices for Apple Music, Apple TV+ and Apple One

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Subscription prices across the entertainment industry are rising , and Apple is joining the party. Apple announced that subscription prices for Apple Music, Apple TV+ and Apple One will increase immediately.

According to Apple, its music service is increasing in price due to more expensive licensing costs . Apple says artists and songwriters will, in turn, “earn more for the streaming of their music.”

Apple Music subscribers will see individual membership prices increase to $10.99 a month from $9.99 a month and family memberships increase to $16.99 a month from $14.99 a month. Any individuals on the annual plan will see an increase from $99 a year to $109 a year.

If you’re using Apple Music and Apple TV+ on an outdated iPhone, check out our iPhone 14 upgrade guide to see if a new device is a good fit for your digital life.

Apple TV+ was introduced at a relatively low price compared with other streaming video services at only $4.99 a month.

Monthly Apple TV+ subscribers will see their subscription price increase from $4.99 to $6.99. Those on an annual subscription will see an increase from $49.99 to $69.

Apple says the price increase is in line with the service’s increased selection of “award-winning and broadly acclaimed” content.

Apple Music and Apple TV+ Price Increases

Apple Service

Previous Price

New Price

Apple Music (Individual)

$9.99/month

$10.99/month

Apple Music (Family)

$14.99/month

$16.99/month

Apple Music (Individual Annual)

$99/year

$109/year

Apple TV+ (Monthly)

$4.99/month

$6.99/month

Apple TV+ (Annual)

$49.99/year

$69/year

Apple One (Individual)

$14.95/month

$16.95/month

Apple One (Family)

$19.95/month

$22.95/month

Apple One (Premier)

$29.95/month

$32.95/month

Apple One is the company’s all-in-one bundle program, allowing subscribers to access Apple Music, Apple TV+, Apple Arcade and iCloud+. As a result of the Apple Music and Apple TV+ price increases, the Apple One bundle will also increase in price across all tiers.

Individual accounts will increase from $14.95 a month to $16.95 a month, while family accounts will increase from $19.95 a month to $22.95 a month. If you are subscribed to the company’s premier tier with Apple Fitness and Apple News+, you’ll see an increase from $29.95 a month to $32.95 a month.

Considering a new iPhone or Macbook but worried about the price? Check out our article on whether you should consider a refurbished iPhone or Macbook .

Apple Music and Apple TV+ may have raised their prices, but their offerings remain competitive in the industry. At $6.99 a month or $69 a year, Apple TV+ is still one of the cheapest 4K ultra high-definition, ad-free streaming video services available.

Apple Music now costs $1 a month more than Spotify. The service continues to offer exclusive features, including high-resolution lossless audio and its surround-sound spatial audio experience for select tracks.

Michael Archambault is a senior writer for The Penny Hoarder specializing in technology.

This was originally published on The Penny Hoarder , which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.