Sony Announces PlayStation Plus Price Increases 'Due to Ongoing Market Conditions'
Sony has announced price increases for its subscription service, PlayStation Plus.
PlayStation Plus is Sony’s monthly subscription service for PS4 and PS5 consoles that grants access to online multiplayer, monthly downloadable games, and exclusive PlayStation Store discounts.
Starting May 20, PlayStation Plus prices for new customers will increase in select regions, Sony said in its announcement, blaming “ongoing market conditions.” Prices will start at $10.99 USD / €9.99 EUR / £7.99 GBP for 1-month subscriptions and $27.99 USD / €27.99 EUR / £21.99 GBP for three-month subscriptions.
The monthly subscription goes up by $1, and the three-month subscription increases by $3. This price change does not apply to current subscribers (except in Turkey and India) unless the existing subscription changes or lapses, Sony added.
The news comes amid price rises across the video game industry, particularly for hardware. Sony itself raised the price of PS5 consoles back in March, blaming “continued pressures in the global economic landscape.” Earlier this month, Sony said it had yet to decide when to launch the PlayStation 6, nor how much it would cost, as memory shortages fueled by the AI boom continue to hit hard.
Meanwhile, Microsoft has actually cut the price of Xbox Game Pass, having made significant price rises that had alienated many subscribers.
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Wesley is Director, News at IGN. Find him on Twitter at @wyp100. You can reach Wesley at wesley_yinpoole@ign.com or confidentially at wyp100@proton.me.
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