Apple one Subscription
If you already have a family plan for The cloud, and purchase the Apple one plan. how do you share to the family and stop paying for the old cloud plan?
iPhone 14, iOS 16
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To find out what happens to your iCloud storage plan when you sign up for Apple One, read this eponymous article --> What happens to your iCloud storage when you sign up for Apple One - Apple Support
The document describes various scenarios, including ones where you can have two subscriptions going at the same time if you need even more storage.