PlayStation Plus subscribers will be hit with price rises in some regions, the gaming company has said, citing "market conditions". A basic monthly subscription to the gaming service will rise by £1, $1 (75p), and €1 (87p) to £7.99, $10.99, and €9.99 respectively. Meanwhile, a basic three-month subscription will go up by £3, $3, and €3 to £21.99, $27.99, and €27.99 respectively. PlayStation did not specify where the rises would apply, but said they do not apply to current subscribers, except in Turkey or India, unless the existing subscription changes or lapses. The video game industry has been hit with supply problems due to the US-Israel war with Iran and the price of memory chips has skyrocketed because of the artificial intelligence (AI) boom. In March, PlayStation, which is owned by Sony, the PlayStation 5's price would rise by £90 in the UK and by $100 in the US due to "continued pressures in the global economic landscape" PlayStation's rival Nintendo also announced this month that it will hike the price of its Switch 2 console $449.99 to $499.99 in the US, and €469.99 to €499.99 in most European countries. For the year to March 2027, the game division is expected to enjoy higher profits despite falling sales, Sony said in its results.
BBQ - Will a price rise cause Playstation to lose any customers?