Apple (APPL) is increasing prices for its streaming services, including a $3 price hike for Apple TV+ from $6.99 to $9.99 per month. Apple Arcade and Apple News+ subscriptions are also seeing immediate price increases. This is the second round of price hikes in the past year, following similar increases in October 2022.
Yahoo Finance’s Seana Smith and Brad Smith discuss the trend across streaming platforms like Netflix (NFLX), Hulu, and Paramount+ (PARA), which have also raised prices to boost revenues amid rising costs.
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