Microsoft has announced that they’re getting ready to raise the prices of their Xbox Live Gold subscriptions in the United States, Canada, the UK, and Mexico. The price increase will take hold on November 1, 2010.
The company has decided to enlarge their price tag due to the fact that so much has been added to LIVE since its launch, and they feel their new prices are still fair for all users. Not all prices will be affected for the above-mentioned countries, such as the full year subscription for UK users, which will remain as is.
The specific price changes are as follows: for the U.S., one month will now cost you $9.99 instead of the previous $7.99; three months will run you $24.99 instead of the previous $19.99; twelve months will jump to $59.99 instead of $49.99. For the UK, the only price change is to your one month fee, which will now cost Â£5.99 instead of Â£4.99. In Canada, you too will only see a change to the one month price, growing from $8.99 to $9.99. Lastly, for Mexico, your only increase is on the twelve month subscription, which will jump from $499 pesos to $599 pesos.
In the announcement from Microsoft, here’s what they had to say:
Since launching Xbox LIVE in 2002 we have continually added more content and entertainment experiences for our members, while keeping the price the same. We’re confident that when the new pricing takes effect, an Xbox LIVE Gold membership will continue to offer the best value in the industry.
They do, however, offer all current members the chance to renew their subscriptions at the current prices before the change. You can also head here to find out when your current plan is ending.
[Source: Major Nelson via 1UP]