March 4, 2024

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Microsoft raises the price of the best new Xbox games to $70 starting in the new year – Xbox

Microsoft raises the price of the best new Xbox games to $70 starting in the new year – Xbox

Microsoft is raising the price of new Xbox games from $60 to $70 starting early next year, and only for the company’s flagship titles.

The move follows similar moves by other major game companies, from Ubisoft to Sony and Take-Two Interactive Software Inc.

The $10 increase, which was first reported by IGNThe company said in a statement that next-gen releases such as Starfield, Redfall, and Forza Motorsport will affect next-gen releases. “This price reflects the content, size and technical complexity of these titles,” a Microsoft spokesperson said. However, the games will be available as part of the company’s subscription service, Game Pass, for €9.99 per month for PC and Xbox, and from day one of their release.

The truth is, many of the top games have stayed at the $60 price point for nearly two decades. In 2020, when Sony and Microsoft released their latest consoles, executives discussed raising the price in line with factors such as ballooning game development costs and inflation. With the PS5, Sony raised the price of new console games from $60 to $70 from day one.

Microsoft said it was delaying the increase until after the holidays “so families can enjoy the gift of gaming.”

Microsoft Gaming CEO Phil Spencer has hinted that a price hike could come after the holidays. “We’ve kept prices on our console, we’ve kept prices on games and our subscription. I don’t think we’ll be able to do that forever,” Spencer admitted in an interview in October. “I think at some point we’re going to have to raise some prices for some things, but coming into this holiday we thought it was really important to maintain the prices we have.”

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