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Disney+ will subsequent yr introduce a $1 worth hike for subscribers within the United States, taking the month-to-month value to $7.99 a month or $79.99 per yr. The Disney Bundle, which incorporates Disney+, Hulu, and ESPN Plus, can even see a $1 enhance to $13.99 a month. The worth will increase will come into impact on March 26, 2021.
The announcement follows Disney Investor Day, which noticed the corporate unveil new franchises and content material coming to the service, together with 10 new Marvel sequence, 10 new Star Wars sequence, and several other Disney Animation studios tasks.
Streaming rival Netflix raised its costs in October, making its normal and premium plans costlier. During the final Netflix earnings name, Netflix COO Greg Peters stated that if Netflix is delivering extra worth for customers, then there may be “an opportunity to occasionally go back” and ask members “to pay a little bit more.” Disney now seems to be to be utilizing the identical logic.
It stays unclear if the value enhance will apply to Disney+ subscribers in different nations, however Netflix has upped costs within the U.S. earlier than after which rolled out these worth hikes to different nations shortly after.
Disney yesterday introduced that its streaming service has hit 86.Eight million subscribers, a milestone that it has reached 13 months after launching.
(This story has not been edited by Newslivenation workers and is auto-generated from a syndicated feed.)