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HomeTechnologyApple TV+ price jumps 30% to $12.99 monthly

Apple TV+ price jumps 30% to $12.99 monthly


Apple is raising the monthly price of its Apple TV+ streaming service to $12.99, marking a 30% increase from the previous $9.99 subscription price.

The updated price takes effect for new customers starting Thursday and will impact current subscribers 30 days after their next renewal date.

Itโ€™s worth noting that the yearly subscription rate remains unchanged at $99.99. Apple also isnโ€™t changing the price for the Apple One bundle of services, which starts at $19.95 per month.

Apple TV+, like other streaming services, has been steadily increasing its subscription prices. In 2023, Apple raised the price of the Apple TV+ monthly subscription from $6.99 to $9.99. The latest price hike marks the third time Apple has raised the subscription price for its streaming service since its launch in 2019 at $4.99 per month.

The price hike comes as The Information reported earlier this year that Apple is losing more than $1 billion per year on its streaming service, making it the only service in Appleโ€™s portfolio that isnโ€™t profitable.

Despite Apple TV+ productions earning thousands of nominations and wins, the streaming service has lagged behind Netflix, Disney+, and Amazon Prime Video in subscriber count.

Last month, Apple announced that it landed a record-breaking 81 Emmy Award nominations, with the popular thriller series โ€œSeveranceโ€ leading as the yearโ€™s most-nominated series.

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