Subscriptionprices 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 pricedue to more expensive licensing costs.
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Apple says artists and songwriters will, in turn, earn more for the streaming of their music.
Those on an annual subscription will see an increase from $49.99 to $69.
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Apple says the price increase is in line with the services increased selection of award-winning and broadly acclaimed content.
Apple Music now costs $1 a month more than Spotify.
Michael Archambault is a senior writer for The Penny Hoarder specializing in technology.
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