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PlayStation has announced price increases for its PlayStation Plus subscription service in several regions, citing "market conditions." Monthly rates for the basic tier will rise by £1, $1, or €1, while three-month plans will increase by £3, $3, or €3. These changes generally do not affect current subscribers unless their plans lapse or are modified; however, the company noted that the price hikes will apply to current subscribers in Turkey and India regardless.
The rises will take effect on Wednesday 20 May and come just a few months after the company increased the price of PlayStation 5.
PlayStation Plus gives users access to online multiplayer, monthly downloadable games, and exclusive PlayStation Store discounts.
There are three tiers of subscription; Essential, Extra, and Premium, all have different pricing for monthly, three-month, and yearly options.
PlayStation did not say whether there would be any price increases for the other subscription tiers or what might happen to the 12-month subscription.
The video game industry has been hit with supply problems due to the US-Israel war with Iran and the price of memory chips has skyrocketed because of the AI boom.
In March, PlayStation, which is owned by Sony, announced that the PlayStation 5's price would rise by £90 in the UK and by $100 in the US due to "continued pressures in the global economic landscape".
PlayStation's rival Nintendo also announced this month that it will hike the price of its Switch 2 console $449.99 to $499.99 in the US, and €469.99 to €499.99 in most European countries.
