Disney+ is raising its subscription price again - here's what it'll cost you

Disney+ has announced another price increase for its subscription plan. Starting December 8th, the standard Disney+ plan will cost $10.99 per month, up from the current $7.99 per month. The annual plan will also see a price hike, going from $79.99 to $109.99 per year. The price increase comes as Disney+ faces growing competition in the streaming market and grapples with rising production costs. The move is aimed at generating more revenue to fund the platform's ambitious content plans, which include a vast array of new shows and movies from its popular franchises. However, the timing of the price hike is seen as less than ideal, as many consumers are already feeling the pinch of inflation and economic uncertainty. This could potentially lead to some subscribers reconsidering their Disney+ subscription or opting for the cheaper ad-supported tier, which will be introduced in December at $7.99 per month.