Home / Technology / More publishers are apparently considering raising game prices on PS5 and Xbox X series

More publishers are apparently considering raising game prices on PS5 and Xbox X series

Following news that NBA 2K21 will cost $ 10 more on PlayStation 4 and Xbox Series X, research firm IDG Consulting has said that other game publishers are also considering raising prices for their games. he explained how game prices “have remained unchanged since 2005, while movie and TV prices have increased significantly”.

“The last time the prices of new generation launch software went up was in 2005 and 2006, when they went from $ 49.99 to $ 59.99 at the start of the Xbox 360 and PS3 generation,” he said. said Osaki. “During that time, costs and prices in other affiliate verticals increased.”These other affiliate verticals include the costs of producing next-generation console games, which saw increases of “200% to 300%, depending on IP, studio and genre”

; without increasing the price of the games.

For comparison, “movie ticket prices have gone up 39%, Netflix subscription costs have gone up 100%, and cable TV packages have gone up 105%.”

“Even with the increase to $ 69.99 for the next generation, that price increase from 2005 to 2020 for the next generation is only 17%, much lower than other comparisons,” continued Osaki. “While development and publishing costs have gone up and prices in other entertainment sectors have also gone up substantially, the prices of next generation software have not reflected these increases. From $ 59.99 to $ 69.99 not it doesn’t even cover these other cost increases, but move it more in the right direction. “

Cover of the current and next generation NBA 2K21 – Kobe Bryant, Damian Lillard and Zion Williamson

He concludes by stating that “Not all games should earn the price of $ 69.99 on the next generation, but flagship AAAs like NBA 2K deserve this price more than others.”

This news of the NBA 2K21 price hike was revealed together with the Kobe Bryant Mamba Forever Edition which celebrates the late basketball legend who played for the Los Angeles Lakers from 1996 to 2016.

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Adam Bankhurst is a news writer for IGN. You can follow him on Twitter @AdamBankhurst and on Twitch.

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