Looks like Bradley fans, and all others who are forced to subscribe to ESPN's subscription streaming service ESPN+, will be playing a lot more to watch games. Disney, which owns ESPN, is raising the monthly price for ESPN+ from $6.99 per month to $9.99 per month, a 43% increase. The yearly subscription price will go from $69.99 to $99.99. The increase starts August 23, just in time for football and basketball seasons.
Disney stock price hit a 52-week low on Thursday (7/14/22), and they are losing billions of dollars on their streaming services. So maybe this price hike isn't too surprising. Disney kept the price of their streaming bundle (Disney Plus, Hulu, and ESPN+) the same, at $13.99. So this increase appears to be an incentive for the people who subscribe only to ESPN+ for sports to switch to their 3-network bundle.
But once that happens, they are likely to hike the bundle price, too. Streaming services, like cable providers and cellphone service providers have learned that once they get customers to subscribe, they tend to remain subscribers even when prices get raised.
Disney stock price hit a 52-week low on Thursday (7/14/22), and they are losing billions of dollars on their streaming services. So maybe this price hike isn't too surprising. Disney kept the price of their streaming bundle (Disney Plus, Hulu, and ESPN+) the same, at $13.99. So this increase appears to be an incentive for the people who subscribe only to ESPN+ for sports to switch to their 3-network bundle.
But once that happens, they are likely to hike the bundle price, too. Streaming services, like cable providers and cellphone service providers have learned that once they get customers to subscribe, they tend to remain subscribers even when prices get raised.
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