Apple Music costs $9.99 a month for a single subscription and $14.99 a month for a family plan, there is also a student plan which costs $4.99. According to a recent report, Apple is considering reducing the pricing on their subscription plans.
The news comes in a report from Digital Music News who have received some information regarding the price drops.
Apple apparently intends to reduce the price of the single Apple Music plan for $9.99 a month to $7.99 a month. The company also intends to reduce the price of the family plan for $14.99 a month to $12.99 a month, the student plan will remain the same at $4.99 a month.
According to the report this could happen as soon as Christmas and Apple could offer a holiday promotion for Apple Music at the reduced rates. The new lower prices would also be applied to existing subscribers.
Apple are obviously looking to increase their Apple Music subscribers significantly and this new lower pricing structure could help them do that. As yet there are no details on when Apple may introduce this new pricing for their Music streaming service, as soon as we get some more details, we will let you guys know.