Sony announced on August 30, 2023 that it would be increasing the prices of PlayStation Plus subscriptions in the United States and Canada. The new prices will go into effect on September 13, 2023.
Here are the new prices for each tier:
- PlayStation Plus Essential: $79.99 per year (up from $59.99)
- PlayStation Plus Extra: $134.99 per year (up from $99.99)
- PlayStation Plus Premium: $159.99 per year (up from $119.99)
Existing subscribers will not see the price increase until their next renewal date, which is after November 6, 2023. However, if you make any changes to your subscription before then, such as upgrading or downgrading your plan, you will be subject to the new prices.
Sony has not released any specific reasons for the price increase, but it is likely due to a number of factors, including rising costs of development and operation, as well as increased competition from Microsoft’s Xbox Game Pass service.
The Xbox Game Pass is a subscription service that gives players access to a library of hundreds of games, including both new releases and older titles. It is a popular alternative to PlayStation Plus, and Sony is likely looking to match its value with the price increase.
The price increase has been met with some criticism from gamers, who argue that it is too steep. However, Sony has defended the decision, saying that it is necessary to ensure that PlayStation Plus remains a sustainable service.
Only time will tell how the price increase will affect the popularity of PlayStation Plus. However, it is clear that Sony is serious about competing with Xbox Game Pass, and the price increase is one way that they are doing that.