One of the small yet notable advantages of going with a Sony console over Microsoft's offerings has always been the cost of online memberships. Back in the day, Sony offered free access to online content and gameplay with the PS3, but quickly adopted a premium membership model with the launch of the PS4. Microsoft has always had a cost for their Xbox Live service (though it's arguably better) starting at $49.99 and increasing to $59.99 over the years.
Up until now, the PlayStation Plus subscription has been priced at a reasonable $49.99/year, but Sony has announced plans to increase the price by $10 bringing the total annual cost to $59.99. Those interested in paying monthly instead can still opt for the same $9.99/month as this won't be altered, but three-month memberships will also see a rise from $18 to $25.
This is what a recent post on Sony's PlayStation blog stated:
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.
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.
This marks the first time Sony has increased the price since the program began and hopefully the last. Billing changes will take place on September 22nd so anyone looking to ditch the PS Plus subscription before their rebill should disable the ‘auto renewal' option before this date.