Q. I’ve heard some good things about Play Station Vue, but I also hear they are raising their price. Is that true? If so, when will it happen and what will be the price then? — Bernie, Boston.
Bernie, as you know, Play Station Vue is a live streaming service that offers dozens of channels in packages starting at $39.99 a month. However, the Sony-owned company plans to raise prices later this month.
For new subscribers, Vue’s basic plan, called Access, will increase from $39.99 a month to $44.99 a month. The Core package will go from $44.99 a month to $49.99 a month. The Elite package will rise from $54.99 a month to $59.99 a month. And the Ultra plan will increase from $74.99 a month to $79.99 a month.
Current subscribers will see the price increase sometime after July 31.
Why is Sony raising Vue’s prices? After all, didn’t the company just raise prices this time last year?
That is true. But like cable and satellite operators, live streaming services have to keep up with the escalating cost of purchasing programming from the networks and cable channels. To offset those expenses, Vue will have to periodically raise their prices as well. (Sling TV and DIRECTV Now, two live streaming rivals, also raised their prices recently.)
“Unfortunately, we must increase the price of our multi-channel plans to keep pace with rising business costs and enable us to continue offering a better way to watch the best in live sports, entertainment, and news,” Vue states.
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