Gaming News

Sony bumps up the price of PlayStation Plus’ annual subscription from $50 to $60

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Gamers will need to shell out a tad more cash to access one of the best gaming services currently around. Sony has bumped up the cost of the annual subscription for its PlayStation Plus service from $50 to $60, bringing it on par with Microsoft’s Xbox Live Gold service. This also marks the first time that the price of the service has been bumped in the U.S. and Canada since its launch in 2010.

Hardcore gamers everywhere are well familiar with the PlayStation Plus service as one of the most affordable and content rich ones in the niche. Subscribers receive benefits that include the ability to play multi-player games online on PS4 along with a constantly updated library of games each month at no extra charge.

Subscribers also receive other benefits such as online game save storage and discounts across the PlayStation digital services.

Making the announcement, a blog post by Sony said,

Starting on September 22, 2016, prices for PlayStation Plus memberships will change to $59.99 USD/ $69.99 CAD for twelve months and $24.99 USD/$29.99 CAD for three months. The monthly plan will change to $11.99 CAD in Canada, and remain $9.99 USD in the U.S. If you are a current member, the new prices will take effect if your membership renews on or after this date.

So United States users who use the service on a monthly basis will have to keep paying the same amount. However, those opting for an annual subscription along with folks over in Canada will have to lighten their pockets by around $10 or so.

Playstation is a premium Sony service and is responsible for a lot of the company’s money. Sony’s Game & Network Services made it over $3 billion in revenue only the last quarter. Which may also be why Sony kept off increasing the price since its launch back in 2010. Meanwhile, the announcement has received mixed reviews from gamers with many declaring the PS Plus service to be worth the new price even just considering the exclusive discounts subscribers receive.

Although the price hike has already been announced, it won’t kick into effect until September the 22nd. So if you are thinking about renewing your own Subscription, now — or anytime before August the 22nd — is probably a good time to do so.

A bibliophile and a business enthusiast.

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