Sony is raising prices for all existing and new PlayStation Vue subscribers by $5 per month. The basic plan now costs $50 per month.
Following in the footsteps of others
Like Google's YouTube TV, AT&T's DirectTV Now, Hulu's live TV plan, and Dish's Sling TV, Sony is raising PlayStation Vue prices just one year after the last price increase in July 2018.
Sony is citing rising content costs as a reason.
- "With costs rising each year for content, we constantly evaluate each deal to ensure we continue to deliver the content you want while considering the overall value of each package. After reviewing this, we have made the decision to raise the price of all of our multi-channel plans by $5. This change starts today for new customers. Our existing customers will keep their current price for at least 30 days and will see the new price beginning on their first billing cycle on or after July 31," the company said.
The new pricing is effective now for new customers while existing customers have received a one month's notice.
The least expensive 'Access' plan now costs $50 per month, which is a sharp increase from Sony's entry-level pricing of $30 per month back in 2016. During this time, Sony has adjusted its offerings and added content such as beIn Sports. It will soon launch NHL Network and ACC Network.
Sony's Core, Elite, and Ultra plans have also increased $5 per month to $55, $65, and $85, respectively.
With the launch of internet-based TV bundles, the industry began to talk about the "skinny bundle". However, with recent years' significant price increases it would appear that internet-based TV bundles are just an extension of cable and satellite TV