TRENDING
Apple Music Raises Streaming Subscription Prices for First Time in Nearly Four Years
Published
2 months agoon
Apple Music has raised its subscription prices for the first time in nearly four years, according to prices listed on the Apple Music website.
In the U.S., the price for the individual plan rose from $10.99 to $11.99 per month, while the family plan increased from $16.99 to $19.99 per month and the student plan rose from $5.99 to $6.99 per month.
Related
Spotify Confirms U.S. Price Hike for Premium Plans Starting Soon
DJ Quik Says His Son 'Made a Mistake' Following Murder Conviction, Pleads With Fans to Stop Asking About It
Naoshi Fujikura of Universal Music Japan on Japan's Unique Superfan Culture & Global Ambitions: Billboard Global Power Players Interview
This marks the first hike in Apple Music subscription prices since October 2022, when the company cited increased licensing costs.
Representatives for Apple Music did not immediately respond to a request for comment.
Rival streaming platform Spotify has hiked its subscription prices fairly steadily over the last several years after maintaining a $9.99 price for its individual premium plan since it first launched in the U.S. in 2011. Its first increase arrived in July 2023, followed by another hike in July 2024 and a third increase in February of this year. The price for Spotify’s individual premium plan is now $12.99 a month, while its family plan is $21.99, its duo plan is $18.99 and its student plan costs $6.99.
In an interview with Kristin Robinson for Billboard‘s On the Record podcast in April, Apple Music vp Oliver Schusser noted that the platform is the only music streamer without a free tier. “And believe it or not, we’re really proud of that,” he said, adding, “I think it’s not the right thing for songwriters and artists to just say, you know what, we’re going to give this away for free — especially with the very little monetization that artists and songwriters are going to get in return.”
Schusser went on to lament the idea of free (ad-supported) streaming tiers, arguing they led to lower subscription prices across the board. “The fact that all paid services have to compete with free means, at the end of the day, not enough people are paying, because they can get it for free, and the paid services can’t actually charge the correct price for the service because they’re always competing with free,” he said.
Chris Eggertsen
You may like
-
Tinashe Has One Rule Before Agreeing to Be an Opening Act: Here’s Why Harry Styles Made the Cut
-
Macklemore Donates $1M in Ed Sheeran Tour Earnings to Palestinian Aid, Calls on Robert Kraft to Match It
-
Malcolm Todd’s ‘Earrings’ Takes No. 1 Spot on Top Gabb Music Songs Chart
-
Taylor Swift’s Music Videos Are Now All Available to Watch on Spotify, From ‘Tim McGraw’ to ‘Opalite’
-
How TV, Social Media & Music Streaming Revived Catalog Music | On the Record
-
Music-Related Legislation Before Congress Right Now: Full List of Bills (UPDATING)
‘Grand Theft Auto VI: The Album’ Will Feature 34 New Tracks — Hear the First Six Songs From the Project
After Signing With a Major Label, Yes Boone Is Making Progress on His Debut Album
Soundboks’ New Rider Speaker Is Small Enough to Carry & Loud Enough to Party
‘It’s Like a Movie’: LISA Talks ‘PRESS PLAY’ on ‘The Tonight Show’
‘America’s Got Talent’ Season 21 Finale Is All Set
Yulia Lundy Is Turning Dreams Into Reality
T Staggs Talks Southern Soul Era, Vol. 2 and Turning Real Life Into Music
Exclusive Interview With Killa Bone
Exclusive Interview With Positive Society
Exclusive Interview with Robert Flournoy
UdkBabyD x BunnaB – White Tee(Official Music Video)
Ja-Wan – AIR (Feat. Karis Lovechild)
Cash Cobain – Betcha Can’t ft. BabyChiefDoIt [Official Video]
Louie Ray x RMC Mike – Stop Playin (Official Music Video)
Kash Kyla – Delicious (Official Music Video)
TRENDING
‘Grand Theft Auto VI: The Album’ Will Feature 34 New Tracks — Hear the First Six Songs From the Project
Ahead of the hugely anticipated release of Grand Theft Auto VI, Atlantic Records and Rockstar Games have today (Sept. 17)...
After Signing With a Major Label, Yes Boone Is Making Progress on His Debut Album
If life feels like a blur right now for Yes Boone, there’s good reason. The stage was all set for...
Soundboks’ New Rider Speaker Is Small Enough to Carry & Loud Enough to Party
All products and services featured are independently chosen by editors. However, Billboard may receive a commission on orders placed through...
‘It’s Like a Movie’: LISA Talks ‘PRESS PLAY’ on ‘The Tonight Show’
For her next solo EP, LISA wants BLINKS to soak up the experience, sit back, and relax. Just like at...
‘America’s Got Talent’ Season 21 Finale Is All Set
America voted, the results are in, and the 10 contestants are locked-away for the America’s Got Talent finale. Following the...


