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)
- 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.
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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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