SONY - Sony's PlayStation Plus offers little surprise still viewed positively: Citi
Sony's (NYSE:SONY) new PlayStation Plus subscription service that gives gamers have access to more than 700 titles offers little surprise, investment firm Citi said, but it's still viewed in a positive light as it competes with Microsoft's (MSFT) GamePass and Nintendo's (OTCPK:NTDOY) Switch Online. Analyst Kota Ezawa noted that PS+, set to come in three different tiers, is likely to aid Sony if a number of subscribers use the higher-priced PlayStation Plus Premium Service, which is priced at $17.99 per month in the U.S. "On the top most contract plan, users can freely play up to 740 titles (this number may vary by region) for a monthly charge of ¥1,550 ($17.99 in the US, €16.99 in Europe, and GBP13.49 in the UK)," Ezawa wrote, adding that it's nearly double the current price of the basic package, known as PlayStation Plus Essential. "We think the number of subscribers who will opt for the pricey PS+
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Sony's PlayStation Plus offers little surprise, still viewed positively: Citi