Sony Hints At PlayStation Plus Price Increase After Highest Tiers Attract More Players

Sony has shared a new report with investors that touts PlayStation 5's marketplace gains and the continued expansion of PlayStation Plus' subscriber base. The latter has been so successful at adding users to the highest subscription tiers that Sony is already considering a price increase for PS Plus "to maximize profitability."

Following the release of the report online, Sony Interactive Entertainment president and CEO Hideaki Nishino appeared on a fireside chat and spelled out that the only direction for PlayStation Plus pricing is up.

"The PlayStation Plus service offers great value for our players, and we will continue to add more value and adjust our pricing strategy in a dynamic way to maximize profitability," said Nishino.