ESPN+, which has grown dramatically over the past two years while adding a significant amount of live sports offerings, will increase its monthly price by $7 to $10 per month on August 23.
The 43% rate hike is the second in just over a year for ESPN+, which launched in 2018 and now has 22.3 million subscribers.
The change hasn’t been officially announced but was confirmed to Deadline by someone familiar with the company’s plans.
The price of the Disney bundle, which includes the on-demand service from Hulu, Disney+ and ESPN+, is not increasing alongside the ESPN+ move. (Plans for the package start at $14 per month.) Prices for UFC pay-per-view events also remain unchanged.
A slight increase in ESPN+’s standalone price comes as no surprise given the influx of live events on the service. More than 1,000 out-of-market NHL games and extensive PGA Tour coverage – programming that previously cost twice the price of ESPN+’s monthly subscription – are now included, along with NFL, college sports, tennis and many other sports. A growing list of original series like Man in the Arena: Tom Brady, Peyton’s Places and Derek Jeter’s upcoming release The Captain, is also a key part of the mix.
While only a few fringe sports were available live on ESPN+ when it debuted in April 2018, most rights deals sealed since then and certainly all in the future include the streaming service as a key part of the global distribution. The broader landscape has seen a significant number of sports head to streaming, including the NFL’s breakthrough deal with Prime Video for Thursday Night Games and Apple TV+ and Major League Baseball’s exclusive Peacock packages. from NBCUniversal.
The Walt Disney Co., which owns ESPN, has come under increasing scrutiny from Wall Street over its broader streaming strategy. The media giant has received accolades – and seen its share price soar – in recent years as it was seen as going “all-in” on streaming. More recently, however, as category leader Netflix stumbled and many investors questioned the economics of streaming, Disney and its peers saw their fortunes reversed and the outlook for streaming profitability became the most relevant measure. Since its first phase as a pioneering cable television network, pricing power has been a key lever for ESPN, and it has continued to secure strong rate increases from traditional pay-TV operators despite declining its base of traditional video subscribers.
ESPN+ has already hit the 20-30 million subscriber range that Disney expected to reach by the end of fiscal 2024. The company also said the sports service will become profitable by the end of fiscal 2024. fiscal year 2023.
Subscribe to breaking news alerts and keep your inbox happy.
How do you get an article in Variety?
Contact us
- Website: Click here. Phone: 1-800-552-3632 (US) / 1 847-513-6136 (outside US) … This may interest you : 7 new movies and TV shows on Netflix, Prime Video, HBO Max and more this weekend (July 1st).
- For editorial internship requests: send an e-mail to Shalini Dore.
- Email: advertising@variety.com. Call: (323) 617-9275.
- Michelle Fine Smith. Phone: (646) 524-2669. …
- Jason Greenblatt. Telephone: (646) 524-2668. …
- Natasha Millman. …
- Kate Roach. …
- Paris.
What type of publication is variety? Editions. Variety (first edition published December 16, 1905) is a weekly entertainment publication with extensive film, television, theater, music and technology coverage, written for entertainment executives.
Does Variety still print?
Iconic entertainment publication Variety will discontinue its daily print edition on March 18.
WHO publishes Variety?
Penske Media Corporation (PMC) (/pÉ›n.skiË/) is an American digital media, publishing and information services company based in Los Angeles and New York. This may interest you : Complex players compete by gambling in games. It publishes over 20 digital and print brands including Variety, Rolling Stone, WWD, Deadline Hollywood, Bollywood Life, Boy Genius Report, etc.
Where can I pick up free magazines?
Local libraries and bookstores Your local libraries and bookstores may be willing to give you old copies of magazines for free before they are recycled. Read also : Convenience Assessments: Measuring the conference value of each Power 5 school.
How can I get free magazines for the waiting room? Talk to local publishers If your town has a newspaper that charges a subscription or a per-issue price, contact the publisher’s sales manager to see if you can get a free copy each day for your waiting room. If the sales manager seems reluctant, mention the number of patients who pass through your office each day.
Can I get magazines for free?
Believe it or not, you can receive free or inexpensive magazines in the mail every month. You can also find free magazines at local places like the library or maybe even the doctor’s office. Between discount magazine sites, rewards points, and BOGO deals, you may never have to pay for a magazine again.
Where can I collect magazines?
Garage sales and flea markets are excellent sources. And don’t forget to check Internet auction sites like eBay, or search for “collectibles magazines.” Mail order merchants are another place to find copies. You’ll probably have to pay more, especially for older, hard-to-find magazines.
Is Variety a tabloid?
Variety (launched in 1905) is a glossy tabloid edition with extensive coverage of movies, television, theater, music and technology, written for entertainment executives. It is published weekly and distributed internationally.
What is Variety?
Is Variety a newspaper or a magazine?
Variety is an American magazine that covers entertainment. It was started by Sime Silverman in New York in 1905. It began as a weekly newspaper dealing with theater and vaudeville.
Is Variety magazine a credible source?
Ad Fontes Media categorizes Variety in the Skews Left bias category and as reliable, analyzing/reporting facts in terms of reliability. Variety is a weekly print magazine and website that focuses on coverage of the entertainment industry, including film, television, technology and music.
