Right now, that’ll set you back $6.99 a month, but Disney has just announced that the Disney+ subscription price will soon be going UP!
Today, Disney held its Investor Day conference and announced some major updates, including the fact that Disney+ subscription prices will soon be increased. Currently, a Disney+ subscription costs $6.99 per month, or $69.99 if you pay for the whole year at once (as opposed to paying monthly). But, starting on March 26, 2021, Disney+ subscription prices in the U.S. will be INCREASED to $7.99 per month (if you want to pay monthly) or $79.99 as a flat rate for the entire year (if you pay for the entire year at once as opposed to paying it monthly).
The bundle with Disney+, Hulu, and ESPN+ will be priced at $13.99 per month, and the subscription price for Disney+ in Europe will also increase to €8.99.
During the 2020 Media, Communications & Entertainment Conference held earlier this year, Christine McCarthy, The Walt Disney Company’s Senior Executive Vice President & CFO, noted that the price of Disney+ would likely go up in the future as the volume of content increases on the service. McCarthy explained that “When more content is on the service, we’ll have some pricing power.”
For reference, a basic Netflix plan is currently $8.99/month, while a standard plan is $13.99/month, and a subscription to HBO Max is priced at $14.99/month. The most basic Hulu plan costs $5.99/month, while a Hulu (No Ads) plan is currently $11.99/month.
Today, Disney announced a BUNCH of new live-action, Disney animation, Star Wars, and Marvel shows, movies, and more coming to Disney+ in the next few years! It seems Disney now feels that it has enough content and is set to release enough new content on Disney+ in the near future to justify this price increase.
And when we say BUNCH, we mean it! Disney announced over 100 new titles from the company as a whole with the majority coming to Disney+. Wow!
We’re pretty darn excited about all the new content, but there are some titles that have us really pumped.
The new trailer for WandaVision, for one, certainly piqued our interest.
HOW ARE THEY IN SO MANY DIFFERENT TIME PERIODS?
But Scarlet Witch isn’t the only Disney lady that’s getting some spotlight.
It isn’t quite a surprise that with so much new content, Disney is ramping up the price a bit. It’s not just episodic TV shows either! We’re also going to see some pretty HIGHLY desired sequels.
Did someone say HOCUS POCUS 2???
AND, Disenchanted is coming…
No big deal, it’s just the sequel to Enchanted WITH AMY ADAMS BACK AS GISELLE.
Not to mention the fact that Pixar will be creating loads of new content for Disney+ including shorts and their first-ever long-form episodic television show, Win or Lose.
We can’t wait to see more of Dug and Lightning McQueen.
As a side note, Pixar is also working on a BUZZ LIGHTYEAR ORIGIN STORY called Lightyear.
It’s not mentioned as being a part of Disney+, but we’re pumped anyway.
With all of the content coming to Disney+ (plus the other content like Lightyear) it tracks that, despite the price increase, Disney is still expecting SIGNIFICANT subscriber growth over the next few years.
And all that certainly sounds good to investors. Disney’s stock skyrocketed this morning to record-breaking levels. Whew, looks like the investor day event did its job.
We’ll continue to look for more Disney+ news and bring you all the latest information from today’s Investor Conference, so stay tuned for more updates!
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