PlayStation Plus subscribers take note: Sony has announced that it’s increasing the price of this subscription program that enables online play as well as provides a handful of free titles every month. This is actually the first time that PlayStation Plus price is being increased in the United States and Canada ever since the service was launched back in 2010.

The confirmation came from Sony via its official PlayStation Blog where it updated an old post to announce that PlayStation Plus price is being increased and will go in effect starting September 22nd.

It’s a $10 increase for the yearly and three-month subscription, so the one-year PlayStation Plus subscription will now cost $59.99 and the three-month subscription will be priced at $24.99. The monthly subscription will remain at $9.99.

Current members should keep in mind that the new prices will take effect if their membership renews on or after this date. The new prices will go in effect on September 22nd which means you have over a month to get a year or three-month subscription of PlayStation Plus at the old prices.

Sony says that it has decided to increase the price due to current market conditions and that the hike will enable the company to continue providing “exceptional value to our members.”

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