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Discovery+ Price Hike Amidst Skydance Uncertainty

13 Oct

Summary

Discovery+ has increased monthly subscription costs for its ad-supported and ad-free plans.
New pricing is effective immediately for new subscribers in the U.S.
The future of Discovery+ within the newly formed Skydance empire remains undisclosed.

Discovery+ has implemented new pricing for its streaming service in the U.S. The ad-supported plan now costs $6.99 per month, an increase of $1, while the ad-free option is priced at $11.99 monthly, a $2 rise. These updated rates are applicable immediately for new subscribers.

This development unfolds as Skydance outlines its strategy, which includes eventually consolidating HBO Max and Paramount+ into a single application. However, the specific role and future of Discovery+ within this newly formed entity have not been disclosed by executives. The streamer features content from networks like HGTV and Food Network.

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