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Apple raises subscription prices for TV+, News+

Apple raises subscription prices for TV+, News+
An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015.
PHOTO: Reuters file

Apple on Wednesday (Oct 25) increased the subscription prices of Apple TV+ and Apple News+, according to its website, the latest company to raise rates following similar moves by media giants.

The per month price of Apple TV+ has been increased by US$3 (S$4.10) to US$9.99, while Apple News+ has been priced at US$12.99, up from US$9.99.

Recently, streaming giants Netflix and Disney too had raised their prices as they look to boost growth amid intense competition.

Netflix increased subscription prices for some streaming plans in the US, Britain and France when it reported results last week.

Disney said in August it would raise by 27 per cent the price of the ad-free tier of the Disney+ service to US$13.99 and hike by 20 per cent the no-ad version of Hulu.

ALSO READ: Netflix may hike prices after success of password-sharing crackdown

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