Sony recently announced that they will be increasing the price of their PlayStation Plus subscription service. The new prices will take effect on August 28th, 2019. Sony Senior Vice President, John Kodera, addressed the price increase in a statement released on the official PlayStation blog.

Kodera stated that the price increase is necessary in order to continue to provide a high-quality service and access to exclusive content. He also noted that the new prices are still lower than those of other online gaming services. He further explained that the new prices will allow Sony to invest more in the PlayStation Plus service, which will result in improved features and content for subscribers.

Kodera also addressed concerns about the price increase by noting that Sony is committed to providing value for money. He stated that PlayStation Plus subscribers will continue to receive exclusive discounts on games and other content, as well as access to online multiplayer gaming and cloud storage.

Sony’s decision to increase the price of PlayStation Plus has been met with some criticism from gamers. However, Kodera’s statement has provided some reassurance that the price increase is necessary in order to continue to provide a high-quality service. It remains to be seen how gamers will respond to the new prices, but Sony is confident that they will continue to provide value for money with their PlayStation Plus subscription service.