The start of the new fiscal year often brings some bad news related to taxes or price increases. If you weren’t over eBay collecting sales tax in over a dozen additional states starting today, then you’re not going to like this if you subscribe to Sony’s standalone online TV streaming service. It has been confirmed today that the PlayStation Vue subscription fees are being increased.

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Dwayne Benefield, VP and GM of PlayStation Vue, wrote on the service’s official blog that each deal is constantly evaluated to make sure that PlayStation Vue delivers the content users want while keeping in mind the overall value of each package.

“This includes both the content that is popular with our overall customer base, as well as the key features that make PS Vue the best place to watch, he added.” Citing annual cost increases for content, Benefield says that the decision has been made to raise the price of all PlayStation Vue multi-channel plans by $5. This means that subscriptions will now cost you an additional $60 per year.

This change goes into effect starting today for all new subscribers. All current subscribers will get to keep their existing price for 30 days. They will be billed the new price starting on their first billing cycle after July 31st.

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