Walt Disney Co.'s (NYSE:DIS) Disney+ members who are not keen on paying $3 extra for accessing Disney-owned content have a small window to take quick measures.
What Happened: Disney+ members will have to pay $10.99 from $7.99 starting Dec. 8 — users who are not ready for the 30% increase can act quickly by taking these two steps, according to Apple Insider.
First: Disney is introducing a new ad-supported tier at $7.99 — a price users are already used to. Though ad-supported tier members will have to watch some ads, at least there won't be an enormous bill at the end of the month.
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Second: Buy an annual subscription. Users who are binge watchers and use Disney+ regularly should go for a yearly subscription. Currently, it costs $79 for a year, but from Dec. 8, it will be $109.99 — so take a decision quickly.
Why It's Important: Disney+ is not the only streaming service that has hiked prices.
Disney's TV service Hulu has also increased the prices for its Hulu + Live TV bundle — starting on the first billing cycle on or after Dec. 8.
YouTube Premium Family Plan has also increased prices from $17.99 to $22.99.
Similarly, Apple has hiked prices for Apple One, Apple Music and Apple TV+ subscriptions.
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