David Ellison’s Paramount Skydance has announced plans to implement U.S. price increases for the Paramount+ streaming service in the first quarter of 2026. The company also announced upcoming price increases in Canada and Australia.
The plans were revealed during the company’s reporting of its Q3 2025 results, and it said it was due to its “ongoing investments in Paramount+ [that] are enhancing the value we deliver to consumers. To support this continued investment, we plan to implement price increases in the U.S. early in the first quarter of 2026.”
Paramount+ will raise pricing in the U.S. starting January 15th. Paramount+ Essential (ad-supported) goes up by $1 to $8.99 per month, Paramount+ Premium (ad-free) goes up by $1 to $13.99 per month.
Annual plans are also going up. The previous price increase was also only $1 and took place in August 2024.
Paramount+ ended September 2025 with 79.1 million subscribers, up from 77.7 million three months earlier. Paramount’s direct-to-consumer business increased by 17% year-over-year.
This marks the first earnings report under the leadership of CEO David Ellison and ownership under his Skydance label. The company is targeting $30 billion in revenue in 2026.
Source: THR
