The monthly subscription cost of Disney+ in the U.S. is about to hike in price by $3.
On Wednesday, Disney announced that starting Dec. 8, the monthly subscription price of the streaming service will cost $10.99 for ad-free, which currently costs $7.99.
The monthly subscription price for Disney+ with ads, will cost $7.99.
News of the price increase comes as Disney looks to restructure the pricing of subscription plans after reporting that Disney+, Hulu and ESPN+ combined to lose $1.1 billion in the fiscal third quarter, CNBC reported.
Hulu, which Disney also owns, will also increase in price.
With ads, the subscription will jump to $7.99 a month, while Hulu without ads will cost $14.99 a month.
The company also introduced new buddle options.
Disney+ and Hulu with ads will be $9.99 a month, while Disney+, Hulu, and ESPN+ will cost $12.99 a month.