Sony’s PS+ service has been the same price for the past few years since it launched. But today, it was announced in an update to the August PS+ Games post on the PS Blog, that the pricing for a Year & 3 Months has rose.
Starting on September 22, 2016, prices for PlayStation Plus memberships will change to $59.99 USD/ $69.99 CAD for twelve months and $24.99 USD/$29.99 CAD for three months. The monthly plan will change to $11.99 CAD in Canada, and remain $9.99 USD in the U.S. If you are a current member, the new prices will take effect if your membership renews on or after this date.
PlayStation Plus strives to enrich your PlayStation experience through a world-class service built for our fans. This marks the first time that PS Plus membership prices will increase in the U.S. and Canada since the launch of the service in 2010. The new pricing reflects the current market conditions while enabling us to continue providing exceptional value to our members. As a member, you will continue to enjoy the benefits and features that enable shared experiences, such as online multiplayer, free games, and exclusive discounts. You will also continue to get exclusive benefits such as online game save storage and discounts across the PlayStation digital services.
If you do not wish to continue your subscription, please be sure to cancel it by turning off auto-renewal in your account settings before September 22, 2016. We thank all of you, our PlayStation Plus members, for your ongoing support.
This means that after September 22nd, PS+ prices will go up for 1 Year & 3 Month Packages. The one month plan (9.99) will remain the same in NA markets but will go up in Canada (11.99 CAD). While this should be somewhat expected, considering Xbox Live Gold has similar pricing, Sony doing this now is a bit surprising.
Source: PS Blog Updated Post