Disney+ and Hulu raise prices by up to 13 percent after doubling profits
Summary
Disney+ and Hulu have increased their streaming subscription prices, with some plans rising by up to 13 percent. The price changes come after the companies reported higher profits and aim to improve streaming service earnings.Key Facts
- Disney+ and Hulu’s ad-free standalone plans with 4K and HDR increased from $19 to $21.50 per month.
- Plans with ads increased from $12 to $12.50 per month for both services.
- Bundle prices for Disney+ and Hulu without ads rose from $20 to $22 per month.
- The Disney+, Hulu, and ESPN bundles also had price increases, both with and without ads.
- Hulu + Live, which offers live cable channels, had a price increase of $10 per month.
- Disney+ launched in 2019; Hulu began in 2008.
- Disney’s earnings report showed an 11% revenue increase and a 116% rise in operating income for Disney+ and Hulu together.
- Netflix’s prices are currently lower for most plans, but it has many more subscribers than Disney+ and Hulu combined.
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