Disney (NYSE:DIS) plans to raise pricing on its ESPN Plus streaming service to $7 per month or $70 for a year, up from $6 per month and $60 per year currently.
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The increase comes after ESPN unveiled a series of sports rights deals for the platform, including contracts for NFL and NHL coverage and the Wimbledon tennis tournament.
Disney also recently raised pricing on its flagship Disney+ streaming offering from $7 per month to $8. The recent pricing moves indicate that the entertainment behemoth is getting more confident about its streaming offerings, coming to see them as a legitimate source of revenue growth.
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