Announcing the decision in a blog post, the company said that the decision was made by reviewing how much competitors are charging, the number of services on offer through PlayStation Vue, and changes to the ecosystem.
The change means that pricing of basic Access plan will rise to US$50 (€43.90) per month, the Core plan will be US$55 (€48.28), US$65 (€57.06) per month for the Elite plan and the top tier Ultra plan will set users back US$85 (€74.61) per month.
The price changes will start immediately for new customers, while existing customers will keep their current price for at least 30 days and see the new price beginning on their first billing cycle on or after July 31.
Sony launched PlayStation Vue, its OTT service, in 2015 in an attempt to tap into the growing market of cord cutters. As of September 2018, the service had approximately 745,000 subscribers. It offers users access to networks including HBO, FX, HGTV, ESPN, and NFL Network, in addition to over 650 local broadcast stations.
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