Licensing Costs

Apple Music Raises Subscriptions, Citing Higher Licensing Costs

Apple Music is hiking its subscription prices in multiple markets (including the U.S.), marking the service’s first rate increase since 2022. The individual plan rises from $10.99 to $11.99/month, the family plan from $16.99 to $19.99/month (up to six accounts), and the student plan from $5.99 to $6.99/month, with Apple citing higher music licensing costs. The increases accompany other price moves in streaming and leave Apple Music still cheaper than Spotify on the main tiers.