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HomeNewsGames NewsMicrosoft plans to raise the price of first-party Xbox games in 2023

Microsoft plans to raise the price of first-party Xbox games in 2023

Microsoft will increase the price of first-party Xbox games coming out next month. Starting in 2023, new full-price games from Xbox Game Studios like Redfall, Starfield, and Forza Motorsport will cost $69.99 instead of the usual $59.99. That’s a price increase in line with the prices at which competitors like Sony, Ubisoft, and Take-Two are all pricing their own games. Microsoft’s price hike for its own upcoming Xbox Game Studios titles isn’t entirely surprising. The $70 gaming era came fast with the launch of the current-gen console two years ago, with Sony offering its own PS5 games priced between $49.99 and $69.99.

Microsoft has focused on offering its own games at launch on Xbox Game Pass, and it has also kept the prices of the subscription services unchanged. Microsoft Gaming CEO Phil Spencer has previously hinted that a price increase could happen after the holiday season. “We have maintained console prices, we have maintained our game and subscription prices. Don’t think we can do this forever,” Spencer admitted in an October interview. “I think at some point we’re going to have to raise the prices of some items, but when we get there we come. Closer to holiday season, we think it’s really important to maintain prices we have.”

News Summary:

  • Microsoft plans to raise the price of first-party Xbox games in 2023
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