Discovery+ is becoming more expensive just a week after Paramount and Warner Bros. Discovery officially merged to form Skydance. The ad-supported plan now costs $7 per month, up $1, while the ad-free plan rose $2 to $12 per month.
The new pricing took effect Tuesday for new members. Existing subscribers are receiving a 30-day notice, and the higher rates will apply to their first bill on or after November 12. The last Discovery+ price increase came in January 2025.
Skydance has signaled plans to combine its main streaming services, Paramount+ and HBO Max, into a single offering. One possibility is folding Discovery+ into that platform as separate tiles or channels for each brand, similar to how Disney+ organizes its various brands. Until then, Discovery+ subscribers will simply pay more to keep using the service.
Analysts expect further price increases and cost-cutting measures as Skydance works to address its $80 billion debt load. The company's financial pressures suggest that the streaming pricing changes may be only the beginning of broader adjustments across its services.
Source: Engadget · Summarized by HeadlinesBriefing