In June, we reported the news that Paramount Plus would be raising its prices That price increase is now official

As of Tuesday (August 20), new subscribers to both the Paramount Plus Essential plan (with ads) and the Paramount Plus with Showtime plan (without ads) will pay $1 to $2 more per month

New Paramount Plus Essential subscribers pay $799/month, up $2; new Paramount Plus with Showtime subscribers pay $1299/month, up $1 Subscribers to the existing Paramount Plus Limited Commercial plan, which is no longer available for new subscribers, also increased their monthly fee by $1 to $799 per month

Existing Paramount Plus with Showtime subscribers will keep the old rate for one month However, starting September 20, the fee will increase by $1 to $1299 per month

There is some good news, as the table above shows Existing Paramount Plus Essential subscribers will not see a price increase on September 20 Nor will there be a price increase for annual plans In fact, Paramount Plus is offering 50% off for a limited time

Yes, Paramount is giving with one hand what it takes with the other Despite raising prices for new and existing subscribers, you can still save on Paramount Plus Essential and Paramount Plus with Showtime annual plans Even better, these plans have not yet gone up in price, so you can still take advantage of this streaming service at the price you paid before the price increase

Right now, you can get Paramount Plus for as low as $2999 for 12 months This price gets you the Essential Plan, which comes with ads and misses some premium shows and movies, but includes a live stream of the NFL and UEFA Champions League matches

If you want everything Paramount Plus has to offer, we recommend Paramount Plus with Showtime This plan offers everything from the Essential tier, removes ads (except some), and adds in tons of premium shows and movies from Showtime It also adds a live feed of your local CBS channel and gives you access to even more live news and sports, including college football

Right now, Paramount Plus with Showtime is available for only $5999 for 12 months If you sign up now before this deal is gone for good, you can lock in this incredibly low price point before the next - inevitable - price increase