The cost of your Disney+ subscription is changing this year

The monthly subscription cost of Disney+ in the U.S. is about to increase.

On Aug. 10, Disney announced that starting Dec. 8, the monthly subscription price of the streaming service will cost $10.99 for the ad-free option, which currently costs $7.99.

The monthly subscription price for Disney+ with ads will cost $7.99.

News of the $3 price increase comes as Disney looks to restructure the pricing of subscription plans after reporting that Disney+, Hulu and ESPN+ combined to lose $1.1 billion in the fiscal third quarter, CNBC reported.

Hulu, which Disney also owns, will also increase in price.

With ads, the subscription will jump to $7.99 a month, while Hulu without ads will cost $14.99 a month.

The company also introduced new bundle options.

Disney+ and Hulu with ads will be $9.99 a month, while Disney+, Hulu, and ESPN+ will cost $12.99 a month.

By Sarah Dewberry, Scripps National.