The Walt Disney Co. announced Thursday that Disney+ Basic, a new ad-supported tier costing $7.99 per month, is now available in the U.S.
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This tier includes the full catalog of Disney+ content, from original series to movies from Disney, Pixar, Star Wars, Marvel, National Geographic and more.
In addition, Disney+ is now offering three bundles with its sister platforms Hulu and ESPN+ -- including a new one that combines Hulu's ad-supported tier and the new Disney+ Basic package for just $9.99 per month.
That represents big savings, considering that "Hulu with Ads" alone costs $7.99 per month. Another tier that combines all three services with ads costs $12.99 per month.
"Today's launch marks a milestone moment for Disney+ and puts consumer choice at the forefront," said Michael Paull, president, Direct to Consumer. "With these new ad-supported offerings, we're able to deliver greater flexibility for consumers to enjoy the full breadth and depth of incredible storytelling from The Walt Disney Company."
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Disney first announced that it would be introducing an ad-supported tier in March, saying that it sees it "as a building block" in the company's goal of reaching 230 million to 260 million long-term subscribers by the 2024 fiscal year. Disney+ has 164.2 million global subscribers as of November.
Existing Disney+ subscribers have the option to switch to the Basic plan for $7.99/month. Those that choose to remain a Premium subscriber for $10.99/month or $109.99/year require no further action.
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The Walt Disney Co. is the parent company of this ABC station.
The-CNN-Wire contributed to this report.