Earlier Reported, "PlayStation Plus Price Increases Announced For All Tiers, Premium Plan Going Up $40/Year" - GameSpot
Portfolio Pulse from Happy Mohamed
Sony has announced an increase in the price of all PlayStation Plus tiers, effective from September 6. The Premium tier will see a $40 increase per year. The company stated that the price increase is to continue launching high-quality games and value-added benefits. Existing 12-month subscribers will not see a price increase until their next renewal on or after November 6.
August 30, 2023 | 5:04 pm
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NEUTRAL IMPACT
Sony's decision to increase the price of PlayStation Plus subscriptions could potentially lead to increased revenues, but may also risk customer dissatisfaction and potential loss of subscribers.
The price increase could potentially lead to increased revenues for Sony if the number of subscribers remains stable or grows. However, there is also a risk that the price increase could lead to customer dissatisfaction and a potential loss of subscribers, which could negatively impact revenues. The net impact on Sony's stock price is uncertain in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100