https://www.kotaku.com.au/2022/11/playstation-plus-loses-nearly-2-million-subscribers-months-after-relaunch/ PG Logo * Business Insider * Gizmodo * Lifehacker * OpenAir Cinemas * Pedestrian.TV Logo See Games Differently Subscribe [ ] Close * Entertainment * Esports * Xbox * PlayStation * Nintendo * PC * Mobile * In Real Life * Retro * Entertainment * Esports * Xbox * PlayStation * Nintendo * PC * Mobile * In Real Life * Retro Want Kotaku's email newsletter? [ ] Subscribe [ ] Alert me about competitions & deals Follow us, subscribe and get in touch * Contact Kotaku Australia * Facebook * Twitter * Instagram * Youtube * Twitch * RSS Recent Posts Modern Warfare 2 Has A Great Weapon XP Farm, If You Can Pull It Off Modern Warfare 2 Has A Great Weapon XP Farm, If You... Talk Amongst Yourselves Image: Kotaku Australia Talk Amongst Yourselves The Last Of Us TV Show's Release Date Accidentally Leaks Online Whoops. (Screenshot: HBO / Sony / Kotaku) The Last Of Us TV Show's Release Date Accidentally Leaks Online The Internet's Most Burning God Of War Ragnarok Questions, Answered Image: PlayStation / Sony Santa Monica The Internet's Most Burning God Of War Ragnarok Questions, Answered Ben Stiller As God Of War's Kratos Is As Weird As You'd Expect Screenshot: Sony / YouTube Ben Stiller As God Of War's Kratos Is As Weird As... Deals The Best Gaming Deals In Australia Today Image: Ubisoft The Best Gaming Deals In Australia Today Here Are The Cheapest Copies Of Bayonetta 3 In Australia Image: PlatinumGames/Nintendo Here Are The Cheapest Copies Of Bayonetta 3 In Australia The Nintendo Switch OLED Has Hit It's Cheapest Price Ever So You Might Want To Move Fast Image: Nintendo The Nintendo Switch OLED Has Hit It's Cheapest Price Ever So... Here's How You Can Easily Fix Your Nintendo Switch's Limited Storage Image: Nintendo Here's How You Can Easily Fix Your Nintendo Switch's Limited Storage Here Are The Cheapest Copies Of Mario + Rabbids: Sparks of Hope In Australia Image: Nintendo/Ubisoft Here Are The Cheapest Copies Of Mario + Rabbids: Sparks of... Sponsored Articles PlayStation Plus Loses Nearly 2 Million Subscribers Months After Relaunch Share * * * John Walker Published 9 hours ago: November 2, 2022 at 1:00 am - Filed to:business2cfinance[chevron-do] hirokitotokihomevideogameconsolesinvideogamingmicrosoft sonyinteractiveentertainmentvideogameconsoles PlayStation Plus Loses Nearly 2 Million Subscribers Months After Relaunch Image: Sony Sony's June relaunch of PlayStation Plus doesn't look like it's going entirely as planned. In the Japanese giant's latest financial report, it's shown that since Plus launched, it's lost 1.9 million subscribers between July and September this year. Sony's CFO Hiroki Totoki said there "hasn't been great momentum." Despite this, the company has simultaneously seen a 10% increase in revenue. As noticed by VGC, the report reveals that PlayStation Plus subscription numbers actually fell following the much-touted relaunch, which saw the figures drop from 47.3 million to 45.4 million. Those are clearly still healthy numbers, almost double those Microsoft can boast for Game Pass, but certainly not what Sony would have been hoping for given the enormously improved nature of the subscription service. PlayStation Plus's relaunch was certainly not an easy offer to parse. Adding three overlapping tiers, with some confusion among potential subscribers over which tier provided access to which era of games, it's understandable that all the promotional noise made in June would have served to simply remind a lot of people about the money coming out of their account each month. Given they would then have had to fathom which version of the new service they wanted, it makes sense that those who'd not used it in a long while would have instead just cancelled. What's more surprising is that the rebooted offers, with hundreds of classic PlayStation games available for a sub, haven't attracted a significant new audience. Sony's determination not to include new first-party titles, but rather charge a defiant $US70 ($AU110) for them, could well be putting off many who see Game Pass going in entirely the opposite direction. These figures follow a trend that's been seen since the fall of 2021, when subscriber numbers started to head in the wrong direction. Last summer, Plus had 48 million customers, dropping to 47.4 million by the winter. It seems that trend has continued despite the relaunch, with the total now down 2.6 million since last year's peak. However, likely thanks to the more expensive tiers now on offer, the amount of revenue Sony is bringing in has actually increased. It's up 10%, to Y=116 billion ($AU1.22 billion), which as VGC points out, means they're currently making more money per subscriber, even if the count is falling. Although, should this trend continue, that won't work for much longer. Asked about these figures on an earnings call, CFO Hiroki Totoki (via VGC's translation) said he believed this was due to a combination of people getting back outside again after the worst of the pandemic, and declining numbers of third-party games and PlayStation 4 sales. He added, "In the second quarter we renewed our services and there hasn't been great momentum as a whole," before laying some of the blame on a lack of "aggressive" ad spending. Totoki went on to tell investors that "very good titles" should help turn things around, alongside better promotions. "We think we are able to recover," he concluded. The last reported figures for Game Pass were 25 million subscribers in January this year, up from 18 million a year before. So while Microsoft is still far behind Sony, it's very much trending in the opposite direction. More From Kotaku Australia * Microsoft Snarkily Schools Sony On How To Better Run PS Plus * The PS Plus Library Keeps Getting Bigger -- And Keeps Forgetting The Classics * 22 Years Later, PS1 Classic Syphon Filter Will Soon Have Trophies * PlayStation Unveils Game Pass Competitor That Will Let You Play Old Games Share this Story * * * Get our Newsletter Subscribe Log in to comment on this story! Log in There are no more articles to be viewed (c) 2007 - 2022 Pedestrian Group * About * Advertise * Contact * Privacy Policy * Terms of Use Log in to Kotaku to: * Comment on stories By logging in, you can access these features throughout our network. Username or Email Address [ ] Password [ ] [ ] Remember Me [Log In] Haven't registered? Sign up here Lost your password? Click here to reset First Name [ ] Last Name [ ] Display Name [ ] Email Adress [ ] Password [ ] Repeat Password [ ] [Register] Back to Login? Click here Email newsletters will contain a brief summary of our top stories, plus details of competitions and reader events. [ ] Gizmodo Newsletter [ ] Kotaku Newsletter [ ] Lifehacker Newsletter [ ] Yes, I wish to receive exclusive discounts, special offers and competitions from our partners. Email address [ ] [Request password reset] Back to Login? Click here Subscribe to our newsletter! Now you can get the top stories from Kotaku delivered to your inbox. Enter your email below. By subscribing you agree to our Terms of Use and Privacy Policy. Email address [ ] [ ] Alert me about competitions & deals [Subscribe]