Sony is raising the price of PlayStation Plus subscriptions.
PlayStation Plus Extra & Premium – August 2024 (PS+)
In a PlayStation Blog post published on Wednesday, the company said that the annual cost of the service would be going up on September 6. The price increase will affect all three PlayStation Plus tiers, with the Essential package increasing to $80 from $60. Meanwhile, the Extra subscription will increase to $135, up from $100 per 12 months, and the Premium tier will increase to $160 per year, up from $120. For now, Sony is not changing the price of the one- and three-month subscriptions.
Current customers won’t see the annual price of their subscriptions increase until their next renewal date, or after November 6th. However, if you make any changes to your subscription after September 6th, such as downgrading to a cheaper tier, you’ll be charged the new annual rate.
"The new pricing for the 12-month subscription remains a discounted rate compared to purchasing 1-month or 3-month subscriptions over a 12-month period," Adam Michel, director of content acquisition and operations at Sony Interactive Entertainment, wrote in the PlayStation.Blog. "This price adjustment allows us to continue to offer high-quality games and valuable benefits in your PlayStation Plus subscription service."