Disney+ has increased its prices again, with a new rate of $13.99 per month set to go into effect on Thursday, October 12, 2023, along with price hikes for the Disney-owned streaming services ESPN+ and Hulu. The ad-free version of Disney+ previously cost $11 per month or $110 per year, but now costs $14 per month or $140 annually. The price increases reflect the growing operating loss for Disneys streaming services, which lost $512 million in its fiscal third quarter. Existing subscribers will begin to pay more on their first billing date on or after October 12, 2023, according to Disney. Customers who lock in an annual plan on Disney+ or the other services before October 12, 2023, will keep that rate until their renewal in October 2024.
Positive:
- Disney+ offers a slate of popular content, including new series from the Star Wars and Marvel universes, as well as hits with kids like Bluey and Disney’s lineup of animated feature films.
Negative:
- The price of Disney+ has nearly doubled in price since this time last year.
- The price increases reflect the growing operating loss for Disneys streaming services.
Ways to save:
- Opt for monthly ad-based Disney+ or Hulu, which are both $8 per month.
- Change to the ad-based plan, which is still $7.99 per month.
- Check for offers from credit card companies such as Amex cash blue everyday card or Chase freedom.
- Act before September 20, 2023, to pay $1.99 per month for three months.
- Lock in an annual plan before October 12, 2023, to save $30.