Apple Music has raised its prices. In the US, an individual plan now costs $11.99 per month, up from $10.99. A family plan jumped from $16.99 to $19.99. The student plan went from $5.99 to $6.99. Prices also went up in the UK and Europe.
Apple says the increase is because of rising licensing costs. Music labels charge streaming services for the right to play their songs. Those costs have gone up. Apple One bundles that include Apple Music have also gotten more expensive.
π The Backstory
Apple Music launched in 2015 and has become one of the biggest music streaming services. It competes with Spotify, Amazon Music, and YouTube Music. The prices had stayed the same for several years before this increase.
Streaming services have been raising prices across the board. Spotify has gone up too. This is because music labels want more money, and streaming companies need to make a profit. Many services have still never made money. The price hikes are a way to keep the business running while paying artists a fair share.
π― Why It Matters
This matters because millions of people pay for Apple Music every month. A few dollars more might not seem like much, but it adds up over time. It also means other streaming services might raise their prices too.
Apple Music has raised its prices. In the US, an individual plan now costs $11.99 per month, up from $10.99. A family plan jumped from $16.99 to $19.99. The student plan went from $5.99 to $6.99. Prices also went up in the UK and Europe.
Apple says the increase is because of rising licensing costs. Music labels charge streaming services for the right to play their songs. Those costs have gone up. Apple One bundles that include Apple Music have also gotten more expensive.
Apple Music launched in 2015 and has become one of the biggest music streaming services. It competes with Spotify, Amazon Music, and YouTube Music. The prices had stayed the same for several years before this increase.
Streaming services have been raising prices across the board. Spotify has gone up too. This is because music labels want more money, and streaming companies need to make a profit. Many services have still never made money. The price hikes are a way to keep the business running while paying artists a fair share.
This matters because millions of people pay for Apple Music every month. A few dollars more might not seem like much, but it adds up over time. It also means other streaming services might raise their prices too.