All articles tagged with #subscription prices
HBO Max is increasing its subscription prices across all tiers, with new charges taking effect immediately for new subscribers and soon for existing ones, amid ongoing concerns about rising costs and the cycle of price hikes and ads in streaming services.
HBO Max is raising its subscription prices across all plans, with increases effective immediately for new subscribers and upcoming for existing ones, as Warner Bros. Discovery aims to capitalize on its quality content amid a saturated streaming market.
HBO Max has officially increased its subscription prices by about 10%, making it one of the most expensive streaming options in the US, coinciding with a similar hike by Disney+.
Apple TV+ has increased its subscription prices globally, including in the UK where the monthly fee rose by £1 to £9.99, marking the first price hike in nearly two years. The service's popularity has grown with original content, but it now faces rising costs similar to other streaming platforms like Netflix and Disney+. Existing subscribers will have a grace period before the new rates apply, and the service continues to expand its programming portfolio.
Spotify announced a price increase for its premium subscriptions in multiple regions, raising costs by €1 in Europe and previously in the U.S., following a disappointing earnings report and stock decline, but shares rose after the announcement.
Spotify is raising the prices of its Premium plans in the U.S. for the second time in less than a year, with individual plans increasing to $11.99 per month. The company cites the need to invest in and innovate its product offerings as the reason for the price hike.
Spotify is raising its subscription prices again in July 2024, with individual plans increasing from $11 to $12 per month and family plans from $17 to $20 per month. This follows a previous price hike in July 2023. The company aims to boost profitability and invest in new features like podcasts and audiobooks, but some subscribers are frustrated and just want music without additional content. Spotify's stock rose on the news, but customer satisfaction remains a concern.
Spotify plans to raise subscription prices in several markets, including the UK, Australia, and Pakistan, with individual plans increasing by $1 per month and Duo and Family plans rising by $2. Additionally, a new "Basic" tier will be introduced, offering music and podcasts without audiobooks, priced at $11 per month. The company aims to generate higher revenue from audiobook consumption and is rumored to be working on a "Supremium" tier with 24-bit lossless audio and AI-generated custom playlists. These changes come as Spotify shifts its royalty payment model to be more artist-centric and seeks to drive $1 billion in revenue toward emerging and professional artists over the next five years.
Apple is reportedly testing a new feature in the App Store that would allow developers to offer subscription prices lower than their competitors. This move is seen as an effort to address concerns about Apple's control over the App Store and its potential antitrust issues.
Netflix is raising prices for some of its customers following strong subscriber growth, with an additional 8.8 million customers added in the third quarter, bringing the total subscriber count to 247.2 million. The costliest plan in the U.S. will increase by $3 to $22.99 per month, while the basic plan will rise by $2 to $11.99 per month. The ad-supported plan will remain the same. Netflix cited the quality of its programming and its crackdown on password sharing as factors contributing to its increased reach. The company reported third-quarter earnings of $1.68 billion, up 20% from the previous year, and forecasted revenue of $8.69 billion for the current quarter.
Netflix has raised subscription prices for some of its streaming plans in the US, UK, and France, following the addition of nearly 9 million subscribers in the third quarter, surpassing expectations. The company attributed its growth to cracking down on password-sharing and a steady stream of new programming. Netflix's shares rose by 13% in response to the news. The price hikes come as Netflix faces market saturation in the US and increased competition from companies like Disney and Warner Bros Discovery. The company's global subscriber base now stands at 247 million.