Are they serious? Well, I guess so — it has been confirmed that Microsoft will be increasing the price of Xbox Live Gold subscriptions. The territories getting hit with the price increase have been listed as Canada, Mexico, United Kingdom, and the United States.

If you forgot, the current price for Xbox Live Gold is $49.99 per year. However, come November 1, 2010, that annual subscription will jump to $59.99. Monthly subscribers aren't spared either: the monthly rate rises from $7.99 to $9.99.

Subscription Old Price New Price (Nov 1, 2010)
Annual Gold $49.99 $59.99
Monthly Gold $7.99 $9.99

The affected regions — Canada, Mexico, the United Kingdom, and the United States — represent a significant portion of the Xbox Live subscriber base. Microsoft had not announced any new features or service enhancements tied to the price adjustment at the time of the announcement.

For Xbox 360 owners who rely on Gold for online multiplayer, streaming services, and early demo access, the increase meant an extra $10 per year for annual subscribers and an additional $2 per month for those paying month-to-month.


Stay tuned to XboxThEvolution.com for more updates on Xbox Live and all things Xbox 360.