After 8 years of your normal $49.99 yearly subscription price to Xbox Live, come November 1st, that price will be raised. Now may be the time to renew your subscription before November 1st when the price of a year of Xbox Live rises for many of you gamers across the globe.
Major Nelson's blog brought word that this rise would happen after 8 years of a solid $49.99 price point. Starting on November 1 for the U.S., a year Gold subscription to Xbox Live will run $59.99, versus the current price of $49.99. One month subscriptions will jump from $7.99 to $9.99, while three month subs will rise from $19.99 to $24.99. Other regions besides the U.S. will be seeing increases as well. In the UK the price of one month will jump from 4.99 GPB to 5.99 GPB. The price of a month in Canada rises a dollar to $9.99. Finally, a year subscription in Mexico rises from 499 to 599 pesos.
To aid the disappointment for many of you gamers, Microsoft is running a deal for U.S. customers. Right now, instead of paying your $49.99 price for a year, you can nab a year subscription for $39.99! Click the following link for details - mjr.mn/lockinlive....
Jesse Divnich, and industry analyst with EEDAR, sent out a statement accompanying the news, insuring consumers that $60 is still a great value due to many reasons.
When originally launched in 2002, a Gold subscription cost the same as an AAA video game, $49.99. When taking into account for inflation ($50 in 2002 is roughly $60 in 2010) and the additional services available to Gold subscribers in 2010, such as ESPN, Facebook, Twitter, Netflix, Last.fm and Video Kinect, a $10 price increase still represents an incredible value to consumers
What do you think about all this?