Apple\’s TV+ (premiering November 1st) service will only cost $4.99 a month. It will include new original content every month, and will be completely ad free. It will even include up to 6 family members per plan.

You can also get a free year with purchase on a new iPhone, iPad, iPod touch, Mac, or Apple TV. No plans to buy a new Apple device? A 7-day free trial will be availible for everyone to try the service.

Other streaming services are already feeling the effects of Apple undercutting their prices. \”Netflix and Disney shares fell after the announcement on Tuesday, while Apple stock climbed.\” reported by Yahoo Finance.

Get more info on the streaming service here.