Reported about 1 month ago
Disney has announced price hikes for its subscription plans, including Disney+ and Hulu, as part of a trend among streaming services to improve profitability. Most plans will increase by $1 to $2 monthly, with Hulu Live TV seeing a $6 rise. This shift comes after Disney's streaming division turned a profit for the first time and follows similar strategies adopted by other platforms like Peacock and Max. Analysts warn that persistent price increases might lead to higher cancellation rates among subscribers.
Source: YAHOO