As per reports, Disney’s (DIS) sports streaming platform ESPN+ subscription will now cost $9.99 per month, and the annual subscription will go up to $99.99 from $69.99, as the streaming giant has increased its monthly subscription fee by $3 a month, reporting a 43% hike.
Starting, on August 23 the new rates are expected to come into effect and subscribers will be notified soon. ESPN+ last hiked its monthly and annual subscription fees in the United States in July last year. Media companies have been searching for ways to generate more revenue amid reduced ad spending and strong competition in the congested streaming market.
Dow 30 Component, The Walt Disney Company (DIS), and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. To learn more about this Dow 30 Component, The Walt Disney Company (DIS), and to continue to track its progress please visit the Vista Partners Walt Disney Company, Coverage Page.
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