Originally published at: Apple TV+ Monthly Price Increases to $12.99 - TidBITS
Apple has increased the monthly subscription fee for Apple TV+ to $12.99 in an effort to reduce or better monetize churn. Since Apple TV+ lacks the deep library of a Netflix or Hulu/Disney+, it’s common for people (raises hand) to subscribe, catch up on the few shows or movies they care about, and then cancel. Personally, I lucked out recently because Apple decided to give me a 3-month free trial after I bought my 14-inch MacBook Pro. I don’t plan to renew once the free trial ends.
You can save money by subscribing to the annual plan, which remains priced at $99 per year. Previously, it followed Apple’s usual formula of 10 times the monthly fee for annual plans. Apple is presumably breaking its formula and keeping the annual Apple TV+ cost lower to encourage people to stick around rather than cherry-picking shows for a month or two. Oddly, Apple doesn’t mention the $99 annual plan in the Apple TV+ pricing FAQ. I was eventually able to confirm that it still exists on the iPhone in Settings > Your Name > Subscriptions.

When it launched, Apple TV+ cost $4.99 per month (see “Apple Unveils Apple Arcade and Apple TV+ Prices and Dates,” 10 September 2019). Three years later, Apple increased the price to $6.99 per month (see “Apple Raises the Price of Apple Music, Apple TV+, and Apple One,” 24 October 2022) and, just a year after that, to $9.99 per month (see “Prices Increase for Apple TV+, Apple Arcade, Apple News+, and Apple One,” 25 October 2023).
In comparison, Netflix now costs $7.99 per month with ads, $17.99 per month for the Standard plan that supports 1080p and two simultaneous devices, and $24.99 per month for the Premium plan with 4K and four simultaneous devices. Hulu is $9.99 per month with ads or $18.99 per month without, though the Disney+ and Hulu bundle is only $1 more at $10.99 per month with ads and $19.99 per month without. And then there are Acorn TV, Amazon Prime, BritBox, HBO Max, Paramount+, PBS Passport, Peacock, and more.
If you subscribe to multiple streaming services to watch specific shows, you might end up paying $100 or more per month, especially if you opt for ad-free tiers. That’s a lot, but it could still be less than cable TV, which some surveys say can range from $80 to $160 per month, with the higher prices common in urban areas.
On the other hand, if you’re willing to search through a single large library service like Netflix or Hulu/Disney+, you can likely find more than enough professionally produced video entertainment that you’ll enjoy watching while paying far less.