Sony's latest earnings report shows that PlayStation Plus is generating more money than ever. Even though PS Plus underwent a substantial price hike last year, the subscription service's profit margins haven't taken a hit as some may have expected.
Back in 2022, Sony introduced a major restructuring to PlayStation Plus by splitting the subscription service into three tiers - Essential, Extra, and Premium. PS Plus Essential offers a rotating set of monthly games, cloud saves, online play, and more, basically operating exactly the same as the service previously did. The costlier PS Plus Extra tier features a Netflix-esque library of hundreds of PS4 and PS5 games, and the flagship Premium tier further adds PS5 and PS3 cloud streaming and emulated classics from the PS1, PS2, and PSP generations.
PlayStation confirms the five games that are coming to the Premium tier of the PlayStation Plus subscription service in November 2024.
In August 2023, Sony announced a hefty 35% price increase for all PS Plus tiers. Many subscribers lambasted the price hike due to a selection of critically underwhelming PS Plus additions at the time, such as Saints Row and Generation Zero, as well as...