• Login
Friday, July 17, 2026
Geneva Times
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
    • Article
    • Tamil
No Result
View All Result
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
    • Article
    • Tamil
No Result
View All Result
Geneva Times
No Result
View All Result
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
Home Business

Apple Music hikes subscription prices citing ‘rising licensing costs’

GenevaTimes by GenevaTimes
July 17, 2026
in Business
Reading Time: 5 mins read
0
Apple Music hikes subscription prices citing ‘rising licensing costs’
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Apple Music has raised its subscription prices worldwide, in its first increase to the service since 2022.

The new pricing is already live on Apple‘s pricing pages in the US, the UK and Europe, and MBW understands it is rolling out across other markets.

In the US, the Individual plan rose to $11.99 per month from $10.99, the Family plan to $19.99 from $16.99 and the Student plan to $6.99 from $5.99.

The new pricing took effect today (July 17), and marks the first increase to Apple Music‘s prices since October 2022.

Apple confirmed the price increase and the reason behind the change in a statement provided to MBW:

“As a result of rising licensing costs, Apple Music is increasing its subscription price beginning today,” the company said.

You can see the old pricing and new pricing in the US below:




In the UK, the Individual plan rose to £11.99 from £10.99 and the Family plan to £19.99 from £16.99.

In Europe, the Individual plan rose to €11.99 from €10.99, the Family plan to €19.99 from €16.99 and the Student plan to €6.99.

“As a result of rising licensing costs, Apple Music is increasing its subscription price beginning today.”

Apple Music

New subscribers to Apple Music pay the new prices immediately, while existing subscribers are typically moved to them at their next billing cycle after being notified by Apple.

Apple Music had held its prices unchanged since October 2022, when it raised the US Individual plan to $10.99 from $9.99.

Apple Music launched in June 2015 priced at $9.99 per month in the US, and held that price for seven years before the 2022 increase.

At the time, Apple gave the same reason, saying the change was “due to an increase in licensing costs” and that “artists and songwriters will earn more for the streaming of their music.”

Its 2022 round also raised the prices of Apple TV+ and the Apple One bundle, and was applied worldwide.

Rival Spotify implemented a price rise in the US and other markets in early 2026, and its Individual plan now costs $12.99 per month there, up from $11.99.

Spotify‘s February round also lifted its US Family plan to $21.99 and its Student plan to $6.99.

Apple Music‘s new $11.99 US Individual price sits $1 below Spotify‘s.

The move followed a pattern of international price increases that Spotify has implemented across multiple markets over the past year, including the UK, Switzerland and Australia, and various markets across Europe, Latin America, and Asia-Pacific.

The company has consistently signaled that regular pricing adjustments would become an ongoing strategic priority as it pursues sustained profitability.

During the company’s recent Q3 earnings call, Co-Chief Executive Officer Alex Norström addressed questions about pricing strategy.

“We… saw steady retention rates following the rollout of our recent price increases across more than 150 markets. These results show the power of the product and the loyalty of our subscribers,” Norström said on the call.

The major record companies have pushed streaming services to raise subscription fees, arguing that prices have not kept pace with inflation and remain low compared with video services such as Netflix.

Industry figures have long argued that music streaming is underpriced compared with video, a point underscored last year when Apple raised the price of Apple TV+ to $12.99 while Apple Music stayed at $10.99.

The global music-subscription market reached 921.6 million subscribers at the end of 2025, nearing 1 billion, with Spotify the largest service worldwide.Music Business Worldwide

Read More

Previous Post

EU proposes slowing down cuts to carbon emissions for businesses

Next Post

World News in Brief: Appeal for calm in Kashmir, women on the move, increased Ebola deaths in communities, 12th anniversary of MH17

Next Post
World News in Brief: Appeal for calm in Kashmir, women on the move, increased Ebola deaths in communities, 12th anniversary of MH17

World News in Brief: Appeal for calm in Kashmir, women on the move, increased Ebola deaths in communities, 12th anniversary of MH17

ADVERTISEMENT
Facebook Twitter Instagram Youtube LinkedIn

Explore the Geneva Times

  • About us
  • Contact us

Contact us:

editor@thegenevatimes.ch

Visit us

© 2023 -2024 Geneva Times| Desgined & Developed by Immanuel Kolwin

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
    • Article
    • Tamil

© 2023 -2024 Geneva Times| Desgined & Developed by Immanuel Kolwin