Sony PlayStation Plus price increasing to $59.99!

Sony has quietly announced (by updating their August PS+ post) that after September 22, the price for PlayStation Plus for US and Canada will go up to $59.99. This is what Sony had to say in their updated post:

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.

If you do not wish to continue your subscription, please be sure to cancel it by turning off auto-renewal in your account settings before September 22, 2016.

We thank all of you, our PlayStation Plus members, for your ongoing support.

If you can afford to do so, now would be a good time to buy a few years of PlayStation Plus to avoid paying an increased rate for renewal. Amazon has it listed for $49.99, and the physical card is a dollar cheaper still.

What do you think of the price increase? Will it hurt Sony’s momentum at all or will PlayStation owners pay it without putting up much of a fuss?

Jake DeLong is a recreational gamer who primarily plays games on Xbox One. Believes every game should have an option for local couch co-op and hates online only multiplayer. Watches WWE Raw every week and still misses CM Punk dearly. Also is the creator/owner/filmer of Relive the Moment Concerts. Has a badass PC that could play pretty much any game on it's maximum settings, but when buying only asked, "Can you play Sim City on it?"

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