PlayStation Plus prices are increasing for new subscribers starting May 20

PlayStation PlusSony’s subscription gaming service for its consoles is increasing its price for new subscribers. The company blamed “ongoing market conditions” for the price hike. It’s the perfect explanation for gaming console companies, including Microsoft and Nintendo’s increases in console prices Xbox and Switch 2 keyboards.

Price for PS Plus subscriptions For new customers, it will increase by $1 from $10 to $11 for a one-month subscription starting May 20, according to mail From the official PlayStation The price of a three-month subscription will jump by $3, from $25 to $28, on the same effective date.

Read more: Nintendo is offering free games before raising Switch 2 prices

Sony did not immediately respond to a request for comment about specific market conditions.

Although not specifically mentioned in the post, this increase appears to only apply to the PS Plus Essential tier, which is the lowest-priced tier. PS Plus Essential required for online play with PS4 and PS5 games, as well as access to them A specific number of games each month.

This doesn’t appear to affect the PS Plus Extra and Premium tiers, both of which allow subscribers access to a catalog of hundreds of games. These two subscription options will, as of now, remain at the same price of $15 and $18 per month.

The post stated that this price change affects new customers, not existing subscribers, with the exception of customers in India and Turkey. This will include those who have never subscribed to the service and those who have canceled their subscription and are looking to restart it. Sony rarely provides PS Plus subscriber numbers, however Age of icons report From January the number is estimated at just over 50 million as of the end of 2024.

Back in March, Sony has increased the price of its PS5 console lineup In all fields. Microsoft had to do the same thing with… Xbox controllers. Nintendo announced earlier this month that it would increase the price of the console Switch 2 in September. The most likely reason for these price jumps is the current memory shortage, aka Ramageddon. The surge in demand for computers to run AI data centers has led to massive price increases for both random access memory (RAM) and solid-state drives.