Apple is reportedly considering a subscription bundle for Apple Music and its streaming service Apple TV Plus, but the music industry is worried it will lose money on the deal (AAPL)

Photo of Apple is reportedly considering a subscription bundle for Apple Music and its streaming service Apple TV Plus, but the music industry is worried it will lose money on the deal (AAPL)
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  • Apple is considering packaging Apple Music and the upcoming Apple TV Plus as a combined subscription, according to a new report from the Financial Times.
  • Apple Music is currently available for $10 a month, and Apple TV Plus will launch on November 1 for $5 per month. Apple also offers Apple News Plus for $10 per month, and Apple Arcade, a subscription video game service, for $5 per month.
  • While combining the services could provide savings for Apple customers, music industry executives are reportedly concerned that a cheaper subscription package would lead to less revenue from Apple Music streaming.
  • Visit Business Insider's homepage for more stories.

Apple TV Plus hasn't launched yet, but Apple has already considered packaging its on-demand video service with its streaming music service, Apple Music.

A new report from Anna Nicolaou and Patrick McGee of the Financial Times says that Apple has entered into talks with the music industry to make a subscription bundle a reality, but record labels are concerned that they will lose revenue from the deal.

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#apple apple music apple tv plus iphone ipad macos mac music tech streaming aapl