Apple Music has gotten more expensive, and that's good news for shareholders of Universal Music Group, according to analysts at Barclays. On Monday, Apple announced that individual subscription plan costs would move to $10.99 from $9.99, a 10% increase, and family plans would rise to $16.99 from $14.99, a 13% increase.
Apple Music raising prices is a ‘nice surprise' for music giants like Universal Music Group, Barclays analysts say