Businessby Todd Spangler
Discovery+ Hikes Prices Following Skydance and Paramount Merger
Key Takeaways
- Discovery+ raised U.S. prices by $1 for ad-supported and $2 for ad-free tiers.
- The price hike follows the creation of Skydance Corp through the Paramount and Warner Bros. Discovery merger.
- Existing subscribers will receive 30 days notice before billing changes take effect.
- Skydance eventually plans to consolidate services like HBO Max and Paramount+.
Discovery+ is raising subscription prices for its U.S. customers following the formation of Skydance Corp. The ad-supported plan increases to $6.99/month, and the ad-free plan climbs to $11.99/month. While Discovery+ currently operates as it did under Warner Bros. Discovery, future plans under Skydance CEO David Ellison involve consolidating major platforms like HBO Max and Paramount+ into a unified service.
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