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Apple TV Is Getting A Major Price Increase
Apple TV Is Getting A Major Price Increase-October 2024
Oct 20, 2024 11:48 PM

  Ahead of the debut of Apple's most expensive movie ever, Killers of the Flower Moon, the company is raising the price of Apple TV+ by a significant margin. The monthly plan is going up by $3 to $10/month, while the annual plan is seeing an increase to $100 from $70. These are increases of more than 40% each. The pricing changes were reported by The Verge. It's unclear when the new prices might go into effect.

  Apple TV+ is just the latest streaming service to see a price increase this year. Netflix, Disney+, Max, Hulu, and Paramount+ have all raised prices in 2023.

  Apple TV+ is unique from other streaming services in that it does not offer a lower-priced, ad-supported option. These ad-based offerings are lucrative because the company can charge a subscription fee and get money from brands for their ads.

  Apple's next big movie is Martin Scorsese's Killers of the Flower Moon, which carried a reported budget of $200 million. It is in theaters now and comes to Apple TV+ later.

  Apple also announced increases to the Apple One subscription package to $38/month, while the Apple Arcade gaming subscription is going up to $7 per month.

  Apple announced these increases after reporting a profit of $19.8 billion in the past three months.

  Apple's list of original TV shows and movies include Ted Lasso, The Morning Show, For All Mankind, Shrinking, Severance, and more. Apple TV+ also hosts MLS games and Friday night MLB games.

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