17.8 C
Delhi

Disney Plus and Hulu are increasing their Prices

Starting on December 8th in the US, Disney announced that it would increase the cost of Disney Plus from its current rate of $7.99 per month to $10.99 per month. The firm is making the change as part of an effort to reorganise its pricing options, which soon will include a $7.99/month ad-supported tier.

Disney has increased the cost of its Hulu subscription as well. The ad-supported version will now cost $7.99 per month, up from $6.99, while the ad-free tier will go from $12.99 to $14.99 per month. October 10 marks the implementation of the new pricing. In July, it was revealed that unbundled ESPN Plus streaming would increase in price from $6.99 to $9.99 per month.

Disney
Credit: theverge

Bundled plans are also impacted by the price hikes. Users will pay $14.99 per month instead of $13.99 if they have Disney Plus with no ads and Hulu and ESPN Plus with ads. Disney is also launching a $9.99/month bundle that includes Disney Plus and Hulu with advertising. Disney Plus, Hulu, and the ad-supported version of ESPN Plus will all cost $19.99 a month.

Disney has altered the cost of its Hulu live TV bundles as well.

The monthly pricing of Hulu’s live TV package including Disney Plus, Hulu, and ESPN Plus subscriptions will be $69.99. The price of the live TV package, which includes ad-supported Hulu and ESPN Plus plans as well as ad-free Disney Plus, is $74.99. You must spend $82.99 a month to get a live TV plan that excludes ESPN Plus, Disney Plus, or Hulu from having ads.

Disney
Credit: theverge

Around the same time Netflix reported a drop in members for the first time in ten years, Disney reported an increase of 8 million new Disney Plus customers during the most recent quarter. However, at the same time, its direct-to-consumer division, which includes the streaming units, lost more money than in previous years, according to Disney CEO Bob Chapek, who also claims that the company added 14.4 million new Disney Plus subscribers in the third quarter, bringing the total number of subscribers to 152 million and 221 million across all of its services.

Disney claims that the losses were caused by growing Disney Plus production and programming expenditures as well as rising ESPN Plus sports programming costs.

The business revised its subscriber prediction for 2024 during an earnings call. Instead of its previous projection of 230 million to 260 million subscribers, it now anticipates Disney Plus to have anywhere between 215 million and 245 million.

Also read:

AMD Sabrina project SoCs powering Google Chromebooks are simply its Mendocino chips in Disguise

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Nivedita Bangari
Nivedita Bangari
I am a software engineer by profession and technology is my love, learning and playing with new technologies is my passion.

Popular

TechnoSports-Ad

Related Stories

More from author

Best RTX 4070 Gaming Laptops in India as of 2024

The top-performing RTX 4070 Gaming Laptops available in India in 2024 are equipped with highly capable CPUs, graphics cards, and memory. These laptops not...

HBO Max in India: Here’s how you can watch the service using VPN (February 21)

HBO Max in India might launch soon but still, we cannot deny that we want to enjoy our favourite HBO shows as soon as...

Top 10 IT Companies in World: Leading IT companies in the World (February 21)

Top 10 IT company in world: Over the last two years, there has been an increase in IT expenditure, which has resulted in the...

How To Enable Flags on Google Chrome in 2024?

How To Enable Flags on Google Chrome: The Ultimate Guide Google Chrome flags are experimental features and tools in Chrome and other software that...