Today Sony Interactive Entertainment had a couple of announcements to make related to PlayStation Plus, including a considerable price hike.
If you're paying for PlayStation Plus monthly, nothing changes for you, but you're going to spend quite a bit more if you prefer a 12-month subscription.
Here are the new prices from Sony's own announcement.
PlayStation Plus Essential 12-Month Subscription
79.99 USD | 71,99 Euro | 59.99 GBP | 6,800 Yen
PlayStation Plus Extra 12-Month Subscription
134.99 USD | 125,99 Euro | 99.99 GBP | 11,700 Yen
PlayStation Plus Premium 12-Month Subscription
159.99 USD | 151,99 Euro | 119.99 GBP | 13,900 Yen
You're still saving money compared to monthly or three-month subscription, but now you're saving a lot less. The previous prices for a year were $59.99 for the Essential tier, $99.99 for the Extra tier, and $119.99 for the Premium tier.
The change comes into effect on September 6. If you're already subscribed, the change won't affect you until your renewal date.
For the sake of comparison, the new Xbox Game Pass Core costs $59.99 a year.
The price hike was justified as enabling PlayStation "to continue bringing high-quality games and value-added benefits to the PlayStation Plus subscription service."
On top of the price hike, we also hear of the monthly games that will be provided to all subscribers at no additional costs in September, starting on the 5th and until October 2.
Incidentally, you still have a few days until August's games go the way of the dodo, which will happen on September 4.