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Microsoft Raises Price For Xbox Live Gold Membership | |
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| Time: 16:03 EST/21:03 GMT | News Source: Forbes.com | Posted By: Kenneth van Surksum | ||
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Microsoft announced on Monday morning that it was increasing the price of an Xbox Live Gold membership by $10, from $49.99 to $59.99 a year, including for existing members in the U.S. starting November 1st. Members in the U.K., Canada and Mexico will also see price increases. The new price, the first time the company has ever raised its rates, represents a 20% increase, which will likely have a significant impact on the revenues of the moneymaking service. | ||
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