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Paramount+ is getting a price hike in 2023

The Premium and Essential tier are going to be more expensive.

Paramount plus logo
Image: Paramount

Paramount+ is one of the countless streaming services available, and now, subscribers can expect a price increase in 2023.

During a conference call with analysts (h/t Variety), Paramount Global confirmed that subscription prices were being raised. This will happen in Q3 of 2023, but no definitive timeline was provided.

When the increase occurs, US users can expect to pay $11.99 for the Paramount+ Premium tier. At present, that runs customers $9.99 a month.

However, it’s not all bad news, as that price increase will also bring Showtime content, which is a decent bonus.

Paramount plus pricing 2023
The current Showtime bundles for Paramount+ (Screenshot: KnowTechie)

There is already a Paramount+ Showtime bundle available that costs $14.99 a month. So, if you are already subscribed to that, it looks like you’ll actually be getting a discount.

Additionally, the Paramount+ Essential tier (which includes ads) will rise to $5.99 from $4.99.

Again, there is no firm date on the price increase, but it is expected in Q3 (July through September) of 2023.

Paramount plus Paramount Plus

Paramount Plus offers a wide range of content, including over 30,000 hours of programming and live sports, at a low monthly price. It's a great option for budget-conscious viewers. However, the service's lackluster original content and limited selection of shows and movies may disappoint some users.

  • Wide range of content, including live sports and local CBS feed for a low monthly rate
  • Subscribers get early access to Paramount movies that are still in theaters
  • 30,000 hours of conten
  • Its original content lineup isn't much to write home about.
  • Some TV shows don't include all the episodes in the library

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Former KnowTechie editor.

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