PlayStation Plus Pricing is going up Starting September 22

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Sony has announced that it will be increasing the price of PlayStation Plus subscriptions next month.

News of this comes from an updated post on the PlayStation Blog, where the company revealed that on September 22nd it would be making changes to 12-month and 3-month Plus subscription prices, raising them by ten dollars and seven dollars respectively.

Read Sony’s full statement below:

“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.”

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Originally launched in 2010, PlayStation Plus is a service that allows subscribers to download free games every month, buy games and content at discounted prices, and play online games on PlayStation 4. While PlayStation Plus’ perks do extend to PlayStation 3 and PlayStation Vita, it is not required to play online games on either platform.