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PlayStation Plus to raise monthly subscription by £1 in UK

PlayStation Plus to raise monthly subscription by £1 in UK

Summary

Sony is increasing the price of its PlayStation Plus Basic subscription by £1 per month in the UK starting May 20. The price rise is due to market conditions and follows a recent increase in the PlayStation 5 console price.

Key Facts

  • The PlayStation Plus Basic monthly price will rise from £6.99 to £7.99 in the UK.
  • Three-month Basic subscriptions will increase by £3 to £21.99.
  • The price increases also apply in some other regions, such as the US and Europe, but exact areas were not fully specified.
  • Current subscribers outside Turkey and India will not see an immediate price change unless they update or renew their subscription after it ends.
  • Sony raised the price of the PlayStation 5 console last month due to global economic pressures.
  • The video game industry faces supply problems caused by global conflicts and a rise in memory chip costs linked to AI growth.
  • Nintendo also announced a price increase for its Switch 2 console in the US and Europe.
  • Despite falling sales, Sony expects higher profits in its gaming division by 2027, partly due to the upcoming launch of Grand Theft Auto 6.
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