Sony has officially announced the first price increase for Playstation Plus membership. The new price will be $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. The new prices will go into effect September 22, 2016 or if you are a new member, it will take effect when you renew your PS Plus subscription on or after this date.

This was confirmed via a Playstation Blog post from a few weeks ago, updating everyone on the new price and added:

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.

There is no word on the European PS Plus subscription, however they had their own price increase last year.

What do you think gamers? Will this make you rethink your Playstation Plus subscription or are you going to tolerate it? Let us know in the comment section below and stay right here to New Gamer Nation as your source for all things gaming.

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