Paramount+ subscribers will be ringing in 2026 with a price increase.
During its Q3 2025 earnings report on Monday, the newly merged Paramount Skydance announced that it would be raising prices on both Paramount+’s ad-supported and ad-free plans, effective Jan. 15, 2026. The company will also be terminating free trials for any new users.
The news comes as Paramount CEO David Ellison revealed plans to cut 1,600 employees in South America, in addition to the 1,000 employees already impacted by layoffs in October. It is just the latest in a series of price hikes from major streaming services, including Disney+ and HBO Max.
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How much will Paramount+ cost after the price hikes?
Paramount+ currently offers two plans: one with ads and one without. The ad-supported tier, called Paramount+ Essential, currently costs $7.99 per month, or $59.99 per year. On Jan. 15, the monthly cost will go up $1 to become $8.99 per month, while the annual subscription will cost $89.99 per year.
With the annual subscription, Paramount+ subscribers will save $17.89 per year. That’s less than half of the savings under the old plan, which came out to $35.89.
Paramount+’s ad-free tier, Paramount+ Premium, will also increase by $1, going from $12.99 per month to $13.99 per month. Come Jan. 15, the annual plan will cost $139.99, as opposed to $119.99. Subscribers who choose the new annual plan will ultimately save $27.89 per year, as opposed to the $35.89 savings under the old plan.
