Sony has confirmed that it is increasing the prices of all PlayStation Plus subscription tiers. The price increase will take effect on September 6, 2023.
Here is the new pricing for each tier:
- PlayStation Plus Essential: $79.99/year (up from $59.99/year)
- PlayStation Plus Extra: $134.99/year (up from $99.99/year)
- PlayStation Plus Premium: $159.99/year (up from $119.99/year)
Sony has not yet announced any specific reasons for the price increase, but it is likely due to a number of factors, including rising development costs for games, the increasing popularity of cloud gaming, and the need to compete with Microsoft’s Xbox Game Pass.
The price increase has been met with mixed reactions from gamers. Some are disappointed that Sony is raising prices, while others are understanding and believe that the new features and benefits of the PlayStation Plus Premium tier are worth the extra cost.
If you are currently subscribed to PlayStation Plus, you will not be affected by the price increase until your next renewal date. However, if you make any changes to your subscription, such as upgrading or downgrading, you will be charged the new price.
It is important to note that the price increase is only for the United States. The prices in other regions may vary.
Here are some of the reasons why Sony might have increased the price of PS Plus:
- To offset the rising cost of developing games.
- To compete with Microsoft’s Xbox Game Pass, which is a similar subscription service that offers a wider variety of games.
- To make more money from PlayStation Plus subscribers.
It is also possible that Sony is simply trying to recoup some of the costs associated with the recent launch of the PlayStation Plus Premium tier. This tier offers a number of new features, such as cloud gaming and a library of classic games, which likely require a significant investment from Sony.
Ultimately, the decision of whether or not to subscribe to PlayStation Plus is up to you. If you are happy with the current benefits of the service, then the price increase may not be a major factor for you. However, if you are on the fence about subscribing, the price increase may make you reconsider.