Microsoft has been offering its users access to features on the XBox Live service in three tiers – monthly, quarterly and annual. The prices of these subscription offers are reported to see a cost increase starting November of this year.
As per the new pricing scheme, the quarterly package will see a rise in cost from $19.99 to $24.99 for the US market. The annual subscription package too will see an increase in pricing from $49.99 to $59.99. The monthly plans will see a modest rise from $7.99 to $9.99. The prices for XBox Live subscriptions in other countries too will increase.
According to Microsoft, the pricing revision is in order to take into account the several feature enhancements that have been effected on the service since it was first launched in 2002. During this period, the subscription costs however remained unchanged. The new costs will thus factor in the new product enhancing features added over the years.