Paramount+ and Showtime announced Wednesday the two streaming services would be combined into one app, after Netflix, Disney, HBO Max and Discovery+ have all announced major changes to their platforms.
Showtime’s streaming service will be merged into the Paramount+ app starting on Wednesday.
They will be offered as a bundle at a discounted price until October 2: $7.99 a month for the “essential” plan, with ads, and $12.99 a month for the “premium” plan, without ads and allows for mobile downloads of content.
After that, prices will increase to $11.99 and $14.99 a month, respectively.
Paramount+ currently costs $4.99 a month.
Showtime will still be available as a standalone service through other distributors for $10.99 a month.
After Netflix lost subscribers for the first time in a decade earlier this year, it announced it would launch a cheaper, ad-supported pricing tier, which could be rolled out by the end of 2022. Disney+ announced this month it would also launch a cheaper version of its platform with ads in December. Warner Bros. Discovery announced this month it plans to combine its two streaming services, HBO Max and Discovery+, into one platform next year.
Netflix Partners With Microsoft For Ad-Supported Service Amid Subscriber Losses (Forbes)
Disney+ Launching Cheaper Ad-Supported Tier In December (Forbes)
HBO Max And Discovery+ Will Combine Into One Streaming Service (Forbes)
Netflix Loses Subscribers For The First Time In Ten Years, Shares Plunge 35% (Forbes)