04:02 PM EDT, 08/06/2024 (MT Newswires) -- Walt Disney ( DIS ) announced price increases for its Disney+, ESPN+ and Hulu subscription streaming plans on Tuesday, a day before the media and entertainment giant was scheduled to report fiscal third-quarter earnings.

The price increases, set to go into effect on Oct. 17, reflect a growing content offering and new features, such as continuous playlists on Disney+, the company said.

The playlist feature, which will launch in the US on Sept. 4, "bolsters the Disney+ offering, ahead of updated pricing for various plans later this year, providing subscribers with both a live and on-demand streaming experience that will continue to grow throughout the year," the media giant wrote in a statement.

Disney+ will cost $9.99 per month with ads, compared with $7.99 currently. The no ads premium plan will move up to $15.99 per month, or $159.99 per year, from $13.99 and $139.99, respectively.

A basic Hulu plan with ads will cost $9.99 per month, or $99.99 on an annual basis, compared with $7.99 and $79.99 on a respective basis currently. The price for a no-ads viewing experience on Hulu will increase to $18.99 per month from $17.99. ESPN+ basic will increase to $11.99 monthly and $119.99 annually from $10.99 and $109.99 respectively.

Hulu plus Live TV will cost $95.99 on a monthly basis without ads, up from $89.99 per month currently. With ads, the bundle's price will rise to $82.99 from $76.99. Duo Basic, which includes Disney+ and Hulu, both with ads, will lift by a dollar to $10.99 per month, while Duo Premium -- the same bundle without ads -- will remain at $19.99.

Disney ( DIS ) is scheduled to report fiscal third-quarter results on Wednesday. In May, Chief Financial Officer Hugh Johnston said on an earnings call that the company expected to swing to an entertainment direct-to-consumer loss in the third quarter from a $47 million operating profit in the second quarter, according to a Capital IQ transcript.

"We also do not expect to see core subscriber growth at Disney+ in the third quarter, but anticipate sub growth will return in (the fourth quarter)," he said at the time.

Price: 91.00, Change: +3.22, Percent Change: +3.67