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PS Plus has lost a large number of subscriptions

Recent data from Sony reveals that PS Plus has seen a large decline in subscriptions this year, with potentially several factors.

Since Sony started using PS Plus To support the release of PS5 and PS5 games by the end of 2020, the service has been a bit of a hotstreak. Several new or great games, like Final Fantasy 7 Remake, has graced the service over the past year. In fact, the PS Plus free games for August 2021 have had the worst reception in over a year. Despite the increase in quality and quantity of games month by month, however, it seems that Sony has still lost a lot of subscriptions.

Sony recently released its first-quarter financial results here, with Sony reporting a total of 46.3 million PS Plus subscribers. Compared to the last two quarters, this means that over 1

million PS Plus subscriptions have been lost. According to data collected on Resetera, this is the first time these two quarters have experienced such a massive downturn and decline in 8 years. Furthermore, there was a decrease in monthly active users (those who played games on the PS network) of 10 million year-on-year in June 2021. However, this does not appear to be bad news or for Sony.

RELATED: More than half of American households own at least one game console

In a webcast that discusses these numbers (and transcribed by the people at VGC), Sony’s financial offer Hiroki Totoki says that while the numbers compared to last year are down, there is an increase compared to the financial year 2019. Totoki does not think it is declining either trend, but the result of last year’s home restrictions and the subsequent increase in games. After all, during the height of last year’s pandemic, lots of big companies encouraged people to stay home with initiatives, such as Sony’s own Play at Home Initiative and more.

ps plus august games

On top of that, the WHO (World Health Organization) also encouraged people to play video games as a method of staying home and limiting the spread of the coronavirus. This makes good sense, as Totoki himself said it as “the need for home was so significant in hindsight, so compared to that period last year as a trend of course [it’s declined.]”Still, even if it adds up and Sony is not so worried about it, Totoki said the company would” monitor the situation closely and [it] will deepen the commitment and improve the platform, therefore we will during the coming financial year implement measures to support this business. “

It is worth mentioning that despite several supply constraints, the PS5 Switch passed US sales earlier this year and has managed to become Sony’s fastest-selling console overall, and now has 10 million sales globally since its release. Sony also maintained its promise to sell 14.8 million PS5s this fiscal year. It remains to be seen how the move from home initiatives and sales of PS5 will affect future PS Plus numbers, but if there is one thing PS Plus subscribers should also keep in mind, it is the great value of PS Plus alone has more than paid off even with free games.

PS Plus subscribers get a handful of free games every month.

MORE: All the free games you can download right now: PS Plus, Epic Games Store, Xbox games with gold

Source: Reset (via VGC)

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