Microsoft has today revealed that the cost of an Xbox Live Gold membership will increase on November 1st, 2010.
The price hike, which affects gamers in the UK, US, Canada and Mexico, will see charges rise by up to 20 per cent.
In the US, the cost of an annual Xbox Live Gold subscription will be increased from $49.99 to $59.99, whilst one-month and three-month subscriptions will also rise to $9.99 and $24.99, respectively.
The annual charge for UK customers will remain at £39.99, but a single month's tariff will increase from £4.99 to £5.99.
Microsoft states that its new pricing structure, detailed below, "will continue to offer the best value in the industry". Though, we're not at all sure gamers will see it that way.
US |
|
|---|---|
| Current 1M Gold: $7.99 3M Gold: $19.99 12M Gold: $49.99 |
Starting Nov 1, 2010 1M Gold: $9.99 3M Gold: $24.99 12M Gold: $59.99 |
UK |
|
| Current 1M Gold: 4.99 GBP |
Starting Nov 1, 2010 1M Gold: 5.99 GBP |
Canada |
|
| Current 1M Gold: $8.99 CAD |
Starting Nov 1, 2010 1M Gold: $9.99 CAD |
Mexico |
|
| Current 12M Gold: 499 Pesos |
Starting Nov 1, 2010 12M Gold: 599 Pesos |
Not a great start to the week for Xbox Live users, but there's a small glimmer of hope for US customers. In an attempt to lock-in existing subscribers, Microsoft's running a limited-time promotion that'll allow users to renew their annual subscription at a discounted rate of $39.99.
