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Paramount Global (NASDAQ:PARA) has announced a price hike for most of its Paramount+ subscription plans, effective from August. What Happened: The ad-free Paramount+ With Showtime plan will see a $1 increase, bringing the monthly cost to $12.99. The Paramount+ Essential plan, which includes ads, will rise by $2 to $7.99 per month for new subscribers. The new prices will come into effect on Aug. 20 for new customers, reported Variety. For existing Paramount+ With Showtime subscribers, the new price will be effective from their next billing date on or after Sept. 20. The monthly subscribers to P…

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