Sony just announced that the cost of PlayStation Plus is going up, and it’s all because of those pesky “market conditions.” If you’re a new subscriber, get ready to shell out a bit more starting May 20. One-month subscriptions will now set you back $10.99 USD, and three-month plans jump to $27.99 USD. Existing subscribers are off the hook unless their subscription changes or lapses, except for folks in Turkey and India.
This isn’t the first time Sony has hit us with price hikes recently. Remember when they bumped up the price of the PS5 earlier this year? As the gaming world braces for the highly anticipated release of GTA 6, it seems Sony is capitalizing on the influx of new gamers eager to dive into GTA Online. This move comes as Microsoft is making waves by cutting the price of Xbox Game Pass, which might make you wonder if PlayStation Plus should be following suit.
Sony’s gaming business is seeing some shifts, with annual sales projected to drop but profits expected to rise thanks to strong software sales. Upcoming titles like Insomniac’s Wolverine game could help boost their performance. If you’re curious about how other platforms are handling market changes, check out our XBOX rebrand piece or find out how Netflix is adapting.
Keep an eye out for any updates, especially if you’re considering renewing or changing your PlayStation Plus plan soon.
Photo by Mahmoud Yahyaoui on Pexels
