Yes, there will be a Paramount+ price hike if you were subscribed to the Paramount+ Premium plan. Once you’re moved over to Paramount+ with Showtime, your rate will go up to $11.99 a month, a $2/month price increase. If, on the other hand, you were previously subscribed to Paramount+ Premium with Showtime, you’ll still be paying the same $11.99 a month for the renamed Paramount+ with Showtime plan. Meanwhile, the Paramount+ Essential plan (which, remember, doesn’t include Showtime) will see a buck-a-month price increase, from $4.99 to $5.99 a month.