PS Plus subscriptions see price hikes across both monthly and three-month plans.
Sony has announced a price increase for PlayStation Plus, raising the monthly and three-month subscription plans by 10%, citing “ongoing market conditions” as the reasoning behind these new changes.
What is the new price of PlayStation Plus subscriptions?
Earlier today, the official PlayStation account posted on X to announce a price increase for new PlayStation Plus customers in select regions.
Starting 20 May, the monthly subscription will be priced at US$10.99, while the three-month subscription will cost US$27.99. This represents a US$1 and US$3 increase for the respective plans. The annual subscription cost seems to be unaffected, as it was not disclosed in the post.
Sony also confirmed that existing subscriptions will not be impacted until they are renewed or modified. “This price change does not apply to current subscribers (except in Turkey and India) unless the existing subscription changes or lapses,” the post added.
What is available in the PlayStation Plus subscription?
For those unfamiliar with how PlayStation Plus works, it is a paid subscription service on Sony’s console platforms, PlayStation 4 and PlayStation 5. The service provides online features such as multiplayer and co-op, as well as access to a rotating catalogue of games in higher subscription tiers.
A PlayStation Plus subscription is required to play online with friends in titles such as Call of Duty, Battlefield, EA Sports FC, and more. However, free-to-play games like Fortnite and Apex Legends are exempt from this requirement.
How the community reacted to the PlayStation Plus price increase
As expected, the community isn’t happy about the price hike. Many have questioned how “market conditions” justify increases to the cost of an online service. This comes shortly after Sony raised hardware prices last March, adding further strain on PlayStation users.
The price hike also follows a recent forecast reported by Macau Business, which projected Sony to see a 13% rise in profit, driven largely by game sales, including anticipated releases such as GTA VI and Marvel’s Wolverine.
The launch of GTA VI, in particular, is expected to attract more subscribers to the platform for its online multiplayer component, especially as it is set to be a console-exclusive release at launch.
With over 47 million estimated PS Plus subscribers in 2023 (reported by Statista), and likely similar figures today, the price increase is expected to be felt by a significant portion of PlayStation users.
