Sony Interactive Entertainment has recently announced a significant price hike for its PlayStation Plus subscriptions and it's stirring up mixed feelings among its user base.

Starting September 6, the cost of a 12-month PlayStation Plus subscription will increase globally across all tiers, which is including Essential, Extra, and Premium. The Essential subscription is getting bumped up from $59.99 to $79.99; the Extra tier will move from $99.99 to $134.99, and the Premium tier will rise from $119.99 to $159.99. The increases aren't limited to just U.S. dollars either. Similar hikes have been observed in the European, U.K., and Japanese pricing schemes, making this a worldwide phenomenon.

According to Sony, the reason for the price adjustment is to "continue bringing high-quality games and value-added benefits to your PlayStation Plus subscription service." However, Sony's explanation has not gone down well with many subscribers, given that the announcement was notably lacking in the specifics about what these "value-added benefits" would entail. Essentially, the company is asking its users to pay more but hasn't clearly stated what additional services or features they will be getting for their money.

While the more expensive rates won't affect current 12-month subscribers until their next renewal date after November 6, we can't say the same for membership changes made on or after September 6. Moreover, it's worth mentioning that even with the price increase, the annual subscriptions still represent a more economical choice compared to monthly or quarterly plans, albeit to a lesser extent than before.