Paramount Skydance is raising Paramount+ prices in the U.S. starting January 15, 2026, while pledging over $1.5 billion in additional 2026 programming investments to fuel content growth.
The ad-supported Essential plan will increase $1 to $8.99 monthly ($89.99 annually, or $7.50/month), and the ad-free Premium tier will rise $1 to $13.99 monthly ($139.99 annually, or $11.67/month).
These hikes—the second since August 2024—aim to support reinvestment in user experience and original programming, CEO David Ellison wrote in the Q3 2025 shareholder letter, adding that Paramount+ remains competitively priced.
The 2026 budget will also fund Paramount+ originals, third-party licensing, and a ramp-up to 15 films annually. The library features originals like Landman and Tulsa King, franchises including South Park and Star Trek, films such as Mission: Impossible and The Naked Gun, CBS staples like Tracker and Survivor, and exclusive sports like Sunday NFL games and UEFA Champions League.
Paramount+ ended September 2025 with 79.1 million subscribers (up from 77.7 million in Q2) and $1.04 billion in revenue (up 24% year-over-year), contributing to $2.17 billion in total direct-to-consumer revenue. “These changes will fuel continued reinvestment... and deliver an even stronger slate of programming for our customers in the year ahead and beyond,” Ellison wrote.