PlayStation Plus prices to increase

Sony has revealed that the cost of yearly and three month subscriptions to PlayStation Plus is set to increase starting in September.

The first time PSN Plus prices have been raised since the launch in 2010

The first time PSN Plus prices have been raised since the launch in 2010

Sony announced this via a blog post, saying:

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.

They go on to explain, in a very “not actually explaining anything” type of way, saying:

PlayStation Plus strives to enrich your PlayStation experience through a world-class service built for our fans. This marks the first time that PS Plus membership prices will increase in the U.S. and Canada since the launch of the service in 2010. The new pricing reflects the current market conditions while enabling us to continue providing exceptional value to our members. As a member, you will continue to enjoy the benefits and features that enable shared experiences, such as online multiplayer, free games, and exclusive discounts. You will also continue to get exclusive benefits such as online game save storage and discounts across the PlayStation digital services.

Most likely, Sony is wanting to raise the prices before they announce PlayStation Neo and the Playstation Slim (which has already been obtained by a Gumtree user). That way, when they sell a ton of systems, they can get even more money back by charging more for subscriptions. If that isn’t the reason, I can’t think of a good one. PSNeo¬†better be worth that extra $10 a year.

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