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Here’s How Much More You Have To Pay For Streaming Services Compared To Last Year

Here’s How Much More You Have To Pay For Streaming Services Compared To Last Year

Topline
Disney+ on Wednesday became the latest streaming service to raise its monthly subscription prices—joining others like Netflix and Amazon Prime—as media companies seek to increase profitability for their platforms.

Several major streaming services have hiked their prices in 2022.
dpa/picture alliance via Getty Images

Key Facts

Disney+ will raise its monthly subscription cost to $10.99 starting December, which means users will now have to pay an additional $3 every month to enjoy the same ad-free streams of their favorite Marvel, Disney or Star Wars shows.

Netflix, which continues to report a slump in subscriber numbers, raised prices across all its tiers in March this year with the service’s basic plan now costing $9.99 per month (up by $1), Standard HD plan priced at $15.49 (up by $1.50) and Premium 4K plan priced at $19.99 (up by $2).

Hulu—Disney’s adult-focussed streamer—will also see the price of its ad-supported tier jump by $1 to $7.99 a month, while its premium ad free tier will be hiked by $2 to $14.99 per month.

ESPN+—the sports-focused streaming platform owned by Disney—announced a $3 price hike to $9.99 in June.

Amazon Prime, the e-commerce giant’s all-in-one subscription service which includes the streamer Prime Video, hiked its annual price by $20 to $139 a year in February.

What To Watch For
HBO Max is currently priced at $14.99 per month for its ad-free premium tier while its ad-supported tier costs $9.99. Earlier this month, the streaming platform’s new parent Warner Bros. Discovery announced plans to merge the service with Discovery+, which costs $6.99 per month without ads and $4.99 with ads. No pricing strategy has been announced for this merged version of HBO Max but it is very likely it will cost more.

Tangent
To somewhat soften the blow for consumers, most of the major streaming services have either launched or have announced plans to launch a cheaper ad-supported tier. Disney+ will get an ad-supported tier in December which will cost $7.99—same as the current price of the ad-free plan. After years of reticence, Netflix in July announced plans to launch a cheaper ad-supported plan that will not feature all of its content library. HBO Max jumped on the ad-supported bandwagon last year, launching a $9.99 per month plan. Subscribers who choose HBO Max’s cheaper plan are still able to watch its flagship HBO TV shows without any ads—just like the premium cable channel—and are only served ads while watching other content.

Further Reading
Netflix Loses Subscribers As Disney+ Catches Up: Here’s How The Major Streaming Services Are Faring So Far This Year (Forbes)
Disney+ Launching Cheaper Ad-Supported Tier In December (Forbes)
HBO Max And Discovery+ Will Combine Into One Streaming Service (Forbes)
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Disney to keep Formula One TV rights at 1,500% premium as popularity surges

Disney to keep Formula One TV rights at 1,500% premium as popularity surges

Walt Disney Co. renewed its deal to show Formula One races in the US, paying at least a 1,500% premium to hold on to the sport as its popularity surges, according to a person familiar with the deal.

The company will pay between $75 million and $90 million a year for the rights as part of a three-year deal, said the person, who asked not to be identified because the talks are private. Disney had been paying about $5 million a year under its previous deal, the person said.

Disney will show most of the car races on the TV networks ABC or ESPN, but can also put events on the sports-streaming service ESPN+. Representatives for ESPN and F1 declined to comment.

F1, which has long been popular in Europe, has gained traction among US audiences in recent years. Viewership of races on ESPN jumped 56% in 2021 from a year earlier, and hundreds of thousands of people have attended races in Miami and Austin, Texas.

A Netflix Inc. series taking viewers behind the scenes of the sport has helped the streamer attract subscribers, and the service has held talks about buying the rights to air races. Amazon.com Inc and Comcast Corp. have also shown interest in F1, according to Sports Business Journal, which first reported the deal.

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