Disney+ Will Add Cheaper Plan – How Other Streaming Services Compare
On Friday, Disney+ announced that it will soon offer a cheaper ad-supported subscription. It’s the latest in a series of changes made by on-demand streaming service providers, including Netflix, Amazon Prime, HBO Max and Hulu.
Pricing for the new tier hasn’t been announced yet, but it’s believed to be cheaper than Disney’s current ad-free offering, which costs $7.99 per month. No launch date has been announced either, but Disney says it will be available later this year.
The move takes advantage of a growing market for cheaper ad-supported plans as Disney aims to grow its subscriber base of 118 million to better compete with Netflix, which has 222 million global subscribers, CNBC reported.
How the major streaming services compare
Over the past year, many of the major on-demand providers have increased their prices and introduced new, ad-free tiers that you may not be aware of. This is how the subscription plans work:
- Amazon Prime Video: On its own is Amazon’s streaming service $8.99 per month, although you can get a student membership for $7.49 per month. The service is included with an Amazon Prime membership, which recently went up to $139 per year.
- Apple TV+: A monthly subscription is available for $4.99 per month after a free 7-day trial. You can also get three months free with the purchase of an Apple product.
- Disney+: Currently $7.99 per month, or $79.99 per year. You can also get the Disney+ bundle, which includes access to Disney+, ESPN+ and Hulu, for $13.99 per month. The package is $19.99 per month with the ad-supported version of Hulu.
- Discovery+: The ad-supported tier costs $4.99 per month and the ad-free tier costs $6.99 per month. There is also a 7-day trial for new subscribers, as well as a discounted student plan, which costs $2.99 per month.
- HBO Max: An ad-supported tier priced at $9.99 per month was added last May. The ad-free version is $14.99 per month, with a 7-day free trial for new subscribers.
- Hulu: Basic options include an ad-supported plan for $6.99 per month and an ad-free version for $12.99 per month. The first month is free for new subscribers for both plans. Hulu also offers a live TV plan, which includes access to ESPN+ and Disney+. The Live TV plan includes both ad-free and ad-supported versions, for $75.99 per month and $69.99 per month, respectively.
- Netflix: Plans vary by quality of stream, with Basic, Standard, and Premium plans costing $9.99 per month, $15.49 per month, and $19.99 per month, respectively. The resolution options are 4K for Premium, 1080p for Standard and 480p for Basic. These are new, recently increased prices, and will come into effect at the end of March for current subscribers.
- peacock: There are three tiers: a free ad-supported plan, a premium ad-supported plan with extra content for $4.99 per month and an ad-free Plus plan for $9.99 per month.
- Paramount Plus: An ad-supported Essential plan launched last summer for $4.99 per month, or $49.99 per year. The ad-free Premium version is $9.99 per month, or $99.99 per year. There’s also a Showtime add-on that adds monthly costs of $11.99 and $14.99, for the Essential and Premium plans, respectively. Both the Essential and Premium plans have a 7-day free trial.
Register now: Get smarter about your money and your career with our weekly newsletter
Don’t miss: Billionaire Ken Griffin Softens His Anti-Crypto Stance: ‘I Haven’t Been Right on This Call’
Disclosure: Peacock is the streaming service of NBCUniversal, the parent company of CNBC.