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Disney Raises Price of ESPN+ by 17% After Sports Rights Binge

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Walt Disney Co. is raising the price of its ESPN+ sports streaming service by 17% following big investments in new contracts for pro football and other sports.

The monthly subscription will rise by $1 to $7, while the annual rate will increase $10 to $70, Disney said Monday. The price of a bundle that also includes the company’s two other streaming services, Disney+ and Hulu, will remain $14 a month. The change is effective Aug. 13.