The price of Disney+ is set to rise next March, the company has announced.

The new monthly fee was announced as the streaming service revealed a host of new content that will be arriving over the next year.

Customers will have to pay more than before to actually access it, however.

The cost will go up by $1 in the US, raising it to $8. The same price rise will apply to the Disney Bundle, which also includes Hulu and ESPN Plus, which will go from $13 to $14.

The new price will go into effect in March 2021.

It is not yet clear whether the price rise will come to other countries.

The price rise is the first such change to come to Disney+ since it was launched last November. But such increases have regularly arrived on competing service.

Netflix has regularly increased its subscription fee in recent years, for instance. When it does, it often argues that the extra money will help fund new original content.

Even after the price rise, Disney+ will be cheaper than its competitors. Netflix, for instance, charges $13.99 for its standard plan, compared with $7.99 for Disney+.