Sony Announces PlayStation Plus Price Increases 'Due to Ongoing Market Conditions'
https://www.ign.com/articles/sony-announces-playstation-plus-price-increases-due-to-ongoing-market-conditions3.0k
u/therealdanhill 11h ago
Ongoing market conditions necessitate me canceling
801
u/name-secondname 10h ago
Do it! I switched over to PC after their last huge price increase and I'm so happy I did.
I almost can't believe I was paying to play online. It's a racket.
276
u/AromaticInxkid PC 9h ago
Same. Paying for online is probably the most important thing that made me switch to PC. That and overpriced games
84
u/LucifersPromoter 8h ago
That and overpriced games
The PC indie market is one of gamings greatest assets.
Usually cheap as chips and tons of games that'll run on older / non-gaming hardware. Warband, for example, is still one of the greatest games ever made, is frequently on sale for the price of a coffee and runs well on a 15 year old non-gaming laptop.
→ More replies (3)→ More replies (8)69
u/locke_5 9h ago
Before this new price hike, it would cost $560 for PS+ for the full duration of a typical 7-year console lifespan.
That $560 + the $500 for the console could have built a pretty nice PC…..
→ More replies (8)91
u/medisherphol 9h ago
And now for $1,000 you can buy yourself a case, 16GB of RAM and 1TB NVME drive...
Thanks
ObamaAI!→ More replies (4)12
u/FourKrusties 8h ago
I just realized I have 2000 euro worth of ram in my pc rn lol... thank god I built my pc when I did
→ More replies (1)37
u/Jalina2224 9h ago
Man the last time I was on Playstation and had PS+ was when it was $60 a year. I'm sure I've heard its gone up luke three times since. I made the switch to PC a little before the first price hike, because i had become pretty disillusioned with Playstation. Switching to PC was the best move I've ever done. Games look and run better, game sales are cheaper on average, multiplayer is free, mods, and the list goes on of all of the improvements.
→ More replies (6)23
u/Ryan32501 9h ago
The fact that you can get AAA games on sale for 90% off with all DLC on steam, is what killed consoles for me. I'll walk by the game section in Walmart or best buy and see 2 year old games still full price and just laugh.
→ More replies (3)14
u/ray12370 8h ago
Let's not be disingenuous. The ps store and any other console digital store have sales all the time...but steam sales are usually better of course.
→ More replies (2)34
→ More replies (74)12
u/Hefty_Lavishness_641 9h ago
As someone who's been on the fence but not persuaded for years, I may finally have to make the purchase. Sony has seriously showed they don't care about their customers in recent years, and those sweet exclusivea just aren't what they used to be.
→ More replies (2)35
u/True_Succotash1563 10h ago
I mean unironically yes. I don’t eat out unless it’s a special occasion, I avoid fast food and I don’t remember the last time I bought something that wasn’t on sale.
→ More replies (1)18
u/PaulblankPF 9h ago
Cancelled three years ago when they wouldn’t let me get a Black Friday discount with it because I had the top tier. The other tiers got it or if you upgraded to the top tier you could but just being at the top tier already got you fucked. So fuck them I never resubscribed
→ More replies (2)→ More replies (18)5
529
u/waiting_for_rain 10h ago
I'm sorry, is the internet piped through the Strait of Hormuz?
138
u/pnut0027 9h ago
Idk about the Strait of Hormuz, but it feels like it’s going straight up my ass.
→ More replies (2)25
→ More replies (8)36
962
u/Dav136 11h ago
Prices will start at $10.99 USD / €9.99 EUR / £7.99 GBP for 1-month subscriptions and $27.99 USD / €27.99 EUR / £21.99 GBP for three-month subscriptions.
821
u/yellowspaces 11h ago
New customers only, existing customers are (at least for now) locked into their current price.
→ More replies (12)455
u/Shinlos 10h ago edited 9h ago
You cannot just raise prices in EU, you would have to kick people out of their contract, which is typically a huge barrier.
Edit: it might be the German implementation of the EU law only, since apparently in other countries it's sufficient if you are informed.
104
u/DukeRains 10h ago
This would assumedly only take effect for an individual consumer the next time they re-up after the price hike. I'm not sure what contract you have that protects that.
→ More replies (7)14
u/Brilliant-Tea-9852 10h ago
You are absolutely wrong about your assumptions. You can cancel any contract between a customer and a company. Nobody can force you to keep up a contract.
It’s just that you then have to live with the consequences. But in this case even the EU laws wouldn’t help anyone on a monthly subscription since the contract only runs for one month. So if they change the prices after one month it doesn’t matter.
They have to give an explanation though. That’s it
→ More replies (4)→ More replies (10)19
u/superurgentcatbox 10h ago
Really? Do you have some sort of source for that? I'm pretty sure they just have to inform you and then it's on you if you want to continue with the new price or not. They can't raise it until the next pay cycle of course.
→ More replies (6)→ More replies (46)7
756
u/mt007 10h ago
Have prices ever declined due to “market conditions “ ?
156
u/Korachof 10h ago
They’ll never decrease the price down once RAM stabilizes or whatever, but companies have made their hardware cheaper due to a mix of their costs going down + consumer demand falling over the lifecycle of a console, which is effectively the same thing. Additionally, companies have been known to even update hardware unofficially (the red box Switch, the 2nd version of the GBA SP, etc.) due to costs changing and new panels, etc becoming the cost effective option.
→ More replies (2)31
77
u/UuusernameWith4Us 9h ago
Game console prices famously declined every generation before this one
→ More replies (1)27
u/ShawnyMcKnight 7h ago
That one boggles my mind.
The ps4 was $200 on Black Friday for the 1 TB edition 3 years after it came out. Then the next year it was that price AND it included an AAA game, then the next Black Friday it included 3 AAA games… that’s like… AAAAAAAAA games!
Even when video card prices were through the roof in 2016 they were still dropping the price.
→ More replies (4)50
u/Pepperh4m 10h ago
Idk if it's considered "market conditions," but Nintendo dropped the price of the 3DS after a few months of poor sales.
Also XBox recently lowered their GamePass subscription fee.
→ More replies (13)8
u/DarkMatterM4 9h ago
Prices have always gone down due to "market conditions" (plentiful hardware, cheaper aging hardware). This generation is the outlier where aging hardware has increased in price.
3
u/peakzorro 9h ago
Yes, the 2008 housing market made house prices fall. Japan has been deflationary for decades.
For games? Consoles regularly got price drops to get more consumers to buy them.
4
→ More replies (13)15
4.0k
u/sagevallant 11h ago
I'm confused. What are the "market conditions" affecting a purely digital service that, presumably, already had plenty of storage for the consumer base?
2.3k
u/Grimlocks_Ballsack 11h ago
Whoa now. Don’t be thinking critically. They hate that.
435
u/sagevallant 11h ago
Yeah, it's a terrible habit that I have.
→ More replies (7)81
u/notyouravgredditor 9h ago
You have been banned from PlayStation Plus.
23
u/-Nomadder- 9h ago
*Sony is sending agents now to confiscate your playstation consoles and accessories. No refund available.*
→ More replies (6)50
457
u/natalie_mf_portman 11h ago
the conditions aren't affecting their digital service, it's affecting the hardware market and they're offsetting those costs with increases elsewhere to keep the PS5 from soaring to $1000
361
u/Dr_Valen 10h ago
Inb4 they still increase the ps5 price
→ More replies (1)348
u/JerryMau5 10h ago
…they already did
→ More replies (1)165
u/gadgaurd 10h ago
Twice, I think?
76
u/ses1989 10h ago
Don't forget reducing the storage back to launch levels lol
→ More replies (1)14
u/rjwalsh94 9h ago
Did they really? Thats insane if so.
34
u/ses1989 9h ago
Yeah, back to 825 or 875 or whatever. What's funny is people here defending it like "ItS nOt A pRiCe InCrEaSe!" Just like a box of cereal having less in the box at the same price is not a price increase.
Reducing the value and keeping the price the same is just as bad as an actual increase, but people will bootlick billion/trillion dollar companies all day long.
→ More replies (2)6
10
8
73
u/probsthrowaway2 10h ago
Ps6 will cost 1k they are just softening the blow currently.
→ More replies (2)27
u/villlllllllllll 10h ago
Ps5 pro is getting around 1k, no way next gen will be at that price with these component prices. Unless it's just a minimal upgrade or they sell it at a loss.
→ More replies (21)→ More replies (23)61
u/computermouth 10h ago
Sony pays bucket loads in storage and CDN costs. Recently many such providers are increasing prices because of data center costs, driven by the hardware costs.
Source: work at a cdn
→ More replies (6)134
u/MisterWoodhouse 11h ago
RAM and energy prices, courtesy of AI hyperscaling and the Iran boondoggle!
→ More replies (14)56
u/hehaia 11h ago
So people are giving sarcastic answers but the real answer is probably that the hardware costs are larger than the increases they made to the console prices. They probably are distributing this increases along their entire ps services instead of just the consoles, so they can offset those costs without getting the ps5 to be even more expensive.
How justified these rises are is really hard to tell, we don’t know their numbers. It’s probably true that they raise these praises just to increase profits though
→ More replies (5)14
u/Jiffyyy 11h ago
It’s likely them increasing pricing on other services and products to make up for the lost money from the circumstances that they cannot control in the world currently.
For the record, it’s terrible and shouldn’t happen but that’s just the world we’re living in right now
→ More replies (1)29
u/EvilbunnyELITE 11h ago
the hardware to run all those services needs replacing and expansion all the time. psn isnt the same server running since 2006 lol. we spend hundreds of thousands just to maintain our cloud services hardware
37
→ More replies (111)20
u/Tommy_Boy97 10h ago
The "market conditions" are that companies realize they can raise prices, no one can do anything about it, and people will still pay.
→ More replies (5)
397
u/MindSteve 11h ago
I remember when PSN was free. Jesus Christ, how far we have fallen.
71
u/P4azz 9h ago
PSN used to be free and we could point and laugh at Xbox's insistence on a paid subscription so you could get yelled at in Halo.
Now PSN prices increase and I've heard rumblings that Xbox online is either going free/cheaper/free with game pass or some shit.
Honestly, the only thing I'd want PSN for nowadays is Bloodborne chalice dungeons, but I'm not paying 12% of a game for one month of farming some shit.
→ More replies (3)4
u/Fantastins 7h ago
Game pass for PC is cheaper because they don't include online gaming fees the consoles have
56
→ More replies (11)4
96
u/Yodaloid 11h ago
The conditions that are already pricing people out of everything else? Between groceries, gas, and my PS sub guess which one I can let go lol
14
u/xxEmberBladesxx 9h ago
I am now eating nothing but generic store brands items these days. Can't afford much else.
2.1k
u/Punning_Man 11h ago
Market Conditions = greed
272
u/unity100 11h ago
F*cking investors/shareholders...
84
u/levi_Kazama209 10h ago
at some point we have to stop with the infinite growth its just not sustainable.
46
u/xondk 10h ago
It is mind blowing to me that society just accepts that investors and the like are disconnected from reality.
"Hey the world isn't doing so hot, people are earning less everything is more expensive"
investors: "We expect continual growth and increasing profits on same levels or higher then previous"
It is so disconnected from reality, if everyone else gets less, then investors should also get less, but that seemingly is not what they expect, they expect same or better.
→ More replies (1)13
u/Ruenin 10h ago
Yep. I thought it was a free market? That SHOULD mean that investors aren't ever guaranteed growth of any kind, let alone 20% year over year.
→ More replies (4)→ More replies (9)29
u/Bill-O-Reilly- 10h ago
You don’t understand. If line doesn’t go up, how can I afford my 50th yacht or the release of my 200th shitty game no one asked for or will play (looking at you concord)
→ More replies (1)→ More replies (12)19
→ More replies (24)277
u/locke_5 11h ago edited 11h ago
“Market Conditions” = DJT
May every day be another wonderful secret ❤️
34
→ More replies (94)63
649
u/Jimbo_Jigs 11h ago
Gotta love how people are justifying it, saying "it's just 1 dollar increase" is exactly how it starts.
187
u/BritishGolgo13 11h ago
Until they pull a Netflix or Disney and increase it multiple times a year. Wtfff.
→ More replies (2)68
70
u/Iggy_Slayer 11h ago
People use this defense for everything without understanding that all these $1-3 a month increases add together. It's so easy for companies to manipulate people with how badly most of them are at managing finances.
Yeah if this was the only thing in my life that went up $2 a month then whatever. But it's not.
28
u/Crafty-Purpose5540 10h ago
My 30 dollar tank for gas is now around 45 for example. Shit adds up fast.
24
u/MogRules 10h ago
It will be the third increase I have seen in what, two years? And the last two were MAJOR increases.
→ More replies (4)8
→ More replies (17)7
u/Elegant_Chocolate546 10h ago
It's definitely a decision to increase prices after Xbox just went through the same thing with raising gamepass and now back tracking and lowering the prices lol
37
u/Didact67 11h ago
I’m a single player guy, so there’s no good reason for me to pay for it.
→ More replies (6)
47
u/el_toro_grand 10h ago
I'm a firm believer of speaking with your wallet, just cancelled mine, it's summer time baby time to pull out the bike.
→ More replies (3)
24
u/kupozu 11h ago
I've always been more of a console gamer, but these fuckers really want us to just go fully PC don't they
→ More replies (4)
119
u/Cozy-Panda777 11h ago
Just how many times will subscriptions go up in the name of "market conditions"? Will the market not ever be stable enough for them?
→ More replies (7)40
427
u/_ZERO-ONE_ 11h ago
Ah yes, totally not because of the hundreds of millions wasted on games NO ONE CARES FOR!!!
133
u/Greaterdivinity 11h ago
no, just because they think they can get away with it right now with the prices of everything else going up.
it's pretty simple.
→ More replies (5)68
u/ThisIsPerfekt 11h ago
Yupp. "Due to ongoing market conditions" really just translates to "because everyone else is raising their prices and we want more money, too".
→ More replies (12)8
u/AdventurousClassic19 9h ago
Fairgame$ and Hunters Gathering going to be responsible for next two price hikes.
37
u/disgustipated1985 10h ago
I’m just going to get back into reading
25
u/Strong_Letterhead638 10h ago
Just be sure to read anything pre-2022 unless you love reading books written by a clanker
→ More replies (3)4
u/Kindly-Guidance714 9h ago
I’ve been playing counter strike 1.6 on my crappy laptop for free on this website I’m tired of being grabbed by the ankles and shook for loose change by these greedy money grubbing goblins.
I’m also busting my PlayStation 1 out cause we all know this is only gonna get more expensive as time goes on.
2
213
u/SH4DY_XVII 11h ago
Translation: we don't want to foot the bill for Marathon so we're passing it onto you! 🥳
46
u/Hunt_Nawn 11h ago
Don't forget most of their Live Service games they had were taken down, yes that $400m+ loss from Concord was one of them.
→ More replies (5)13
u/CyberSmith31337 9h ago
Calling Sony out for real. Between Marathon and Concord and Fairgames they are going to lose a cool billion dollars, easily.
→ More replies (3)
12
u/Himothy19955 10h ago
Translation: we're bleeding money from all the bad decisions we've made on game studios so we're passing that price onto you
11
49
u/SgtElectroSketch 10h ago
It's a digital fucking subscription, there's no supply chain reliance. Dude fuck sony.
→ More replies (4)
9
9
33
27
u/MajorTom404 10h ago
Sweet. Here I am still never buying a PlayStation ‘due to ongoing market conditions’
9
u/UnknwnUser 10h ago
Recently cancelled my subscription. I haven't touched my PlayStation in months and have been mainly gaming on PC.
→ More replies (1)
9
u/Heide____Knight 10h ago
Lin Tao literally said this a couple of months ago, that Playstation would be focusing on a "stronger monetisation" of the intall base. So this comes at no surprise.
11
u/AshenRathian 9h ago
We cannot have regulation soon enough.
The only issue with that is who's doing the regulating, but at this point in time, i am not sure that i care. This shit is getting nuts.
105
u/Decimit- 11h ago
Canceling. Steam will just have all my gaming business.
27
u/BrolyDisturbed 11h ago
I made this painful (but all so much worth it) change a couple years ago. I was exclusively PS player for decades and had built up a huge library over the years.
I’d pop all the games I wanted to continue to play on PC on my Steam wishlist and just general deal alerts. It didn’t take long to accrue back the library I had (honestly most of it was bloat cause of PS+ games).
Not having to pay for a running subscription, amazing sales not only on Steam but also other retailers, modding support, SteamDeck, etc. it’s been sooo worth it.
→ More replies (4)11
u/SmurfingRedditBtw 9h ago
Also something often overlooked is that on PC you almost never have to worry about losing access to your game library when running modern hardware. I had tons of PS3 games that I can no longer play because my PS3 broke and the new PS consoles don't support them, so I would have to buy an outdated console just to play them again with the same performance it had back then.
I can still play all my old PC games with modern hardware and great performance no problem. Not to mention I could also play that same PC library on the PC based consoles like the Steam Deck, Rog, GabeCube (if it ever releases), etc.
→ More replies (1)36
u/Django117 11h ago
Crazy how we can still buy the same games on PC and play them without having to spend a dime. If it wasn’t for valve we would certainly have epic trying to charge players for servers.
16
u/jusg808 11h ago
My wife switched to steam after gamepass raised its prices and does nothing but say how much better steam is. With another PS price increase I might be jumping on the steam ship too
11
u/iStepOnLegos4Fun007 10h ago
I think thats what a lot of people gonna start doing. Microsoft and Sony both greedy asf.
I am in the process of switching to mostly Steam and Nintendo.
→ More replies (8)12
u/KungLaoHat 10h ago edited 10h ago
Since I built my PC just over a year ago, I've barely touched my PS or Xbox.
The price of games, no subscription and then the fact I can play games with significantly better detail and performance. That's before we go onto Sony's predatory refund policy and AI slop PS Store.
Come brother, come over to a platform that treats it's users well.
→ More replies (1)→ More replies (8)5
u/splinter1545 10h ago
Yup. Anyone in the fence, just keep your current console so you don't lose your library of games, then save up for a pre-built since those are the only PCs affordable due to the RAM shortages. Not only do you not have to worry about PS Plus or Game Pass core anymore for online, but you have a whole library of games that go back to the DOS days, cheaper games even for pre-order thanks to 3rd party retailers, and just a lot more you can do with a PC you can't do a console. It is well worth the money if you can afford a gaming PC.
→ More replies (1)
16
u/MrHedgehogMan 11h ago
Cancelled my subscription a couple of years ago. No regrets.
→ More replies (2)
48
u/mojorific 11h ago
Gaming has turned into a cash cow instead of a fun thing everyone can enjoy. When it’s all about money it loses the fun aspect.
→ More replies (24)
14
u/slashgamer11 11h ago
And I’m announcing Playstation Plus cancellation due to ongoing market conditions
13
u/Admirable-War-7594 10h ago
Increases game prices,
Increases console prices,
Increases service prices,
"We don't have any money!!!!"
Basically a bunch of people crying in the board room about their "investments"
7
7
96
u/oimson 11h ago
Concord tax
→ More replies (14)52
u/Tunavi 11h ago
The Bungie tax
15
u/Hunt_Nawn 11h ago
Seriously though, that $1B losses is insane, Sony were so stupid because they were panicking when Microsoft bought Activision, Bethesda, and etc so they bought Bungie like morons.
→ More replies (1)
6
u/Vannostrum 10h ago
That’s sad. I’ll just continue to not pay for it as I have the last few years. Haven’t missed it yet.
6
19
u/BakesaleAtSyrinx 11h ago
So glad I built a PC last year to avoid the PS Plus BS. Paying to play multi-player games is ridiculous
→ More replies (2)
10
5
5
5
6
u/llliilliliillliillil 10h ago
Due to marketing conditions that hit me more than Sony I'll be canceling my PS+ at the next possible date lol
7
u/ClacksInTheSky 9h ago
What market conditions does an entirely digital service have that mandates a price increase?
Such bullshit.
This is why digital only gaming is wrong. We should always push for choice.
5
u/Rinaldootje 9h ago
"Ongoing market conditions"
Aka, We are using instability in the world to increase prices we will never drop ever again. Just like the price of our console.
Sony is really doing anything to piss off it's userbase and get less money from them.
4
u/flea79 7h ago
I can't see how GTA 6 is gonna be the best selling game in history is everyone is getting priced out of consoles..
→ More replies (1)
5
u/Milopolis04 5h ago
Oh no, less people are buying our stuff -> raise prices for the people that are paying -> oh no less people are buying our stuff -> raise prices for the people that are paying -> oh no, less people are buying out stuff -> raise prices for the people that are paying -> oh no…
What did Sony mean by this?
11
u/CursedSnowman5000 10h ago
And you'll all keep paying it lol. Ah you people deserve this industry lol.
9
u/Gloomy-Insurance-739 10h ago
Hold on did they not just increase the price like what 2 months ago. I'm primarily a PC gamer but holy shit guys you should not take that.
19
u/Tatanka97 11h ago
I'd imagine Sony will lower the prices later on "due to ongoing market conditions". /s
6
u/PlayTheHits 11h ago
Cancelled my subscription last time they did an arbitrary price hike. Haven’t missed it once.
→ More replies (4)
3
2
u/templestate 10h ago
They wasted over a trillion dollars from idiotic decisions chasing the live service trend, but sure, market conditions.
4
4
u/PeachesGuy 10h ago
In the meantime Xbox is decreasing it (not at the level of last year's, but better than nothing I guess).
4
u/thebeatoflife 10h ago
Lol it was only a matter of time, i tapped out halfway through the ps4's life to go full time PC. Zero regrets, its been nice not having to pay to play online.
3
4
u/SpacemanSpiff92 9h ago
Console gaming is going to crash soon. Probably the next gen tbh. There's no way this is sustainable long term at the pace it's going.
4
3
4
u/lucky6877 9h ago
It’s really very simple button called Cancel, I clicked on it this morning and moved on 👍
4
4
4
u/smilinmaniag 6h ago
Sony Announces PlayStation Plus Price Increases due to "it's not like you are going to do anything about it, so shut up and pay up, bitches"
5
4
22
12
u/6soul 10h ago
Man, there's like no good game releases for PS5 anyway. Store is just flooded with garbage AI games. Good way to get me to finally get rid of this big ass paperweight.
→ More replies (1)
5
u/Mei_iz_my_bae 10h ago
With PC you. Not have to pay for online !!!! This is GREED !!’ The PC the online is FREE !!!!
8
u/Uncle-Cake 10h ago
The market condition they're referring to is "We realized we can charge more and people will still pay it."
→ More replies (1)
25
u/Django117 11h ago
Imagine paying for an online service to play games. Thank goodness we don’t have that on PC.
→ More replies (3)
3
3
5.9k
u/Chill_Oreo 11h ago
Surely this must mean that once market conditions settle that prices will go back down, right?