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PS5 and Xbox Series X games could get a major price hike

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NBA 2K1 may not be the only PS5 and Xbox Series X game that costs $70, as more publishers consider price hikes.
2K Games recently announced that NBA 2K21 on PS5 and Xbox Series X will cost $10 more than its PS4 and Xbox One counterparts, meaning that the standard version of the game on next-gen consoles will be an eye-watering $70 (or £60). While this seems like a huge price hike from the company, it looks like other game publishers are also considering raising their Xbox Series X and PS5 game prices to $70.
2K Games is the first publisher to commit to next-gen game pricing but, in an interview with GamesIndustry.biz, research company IDG revealed that other publishers are also considering raising the base price of PS5 and Xbox Series X games to $70 – a $10 increase over current game pricing.
« The last time that next-gen launch software pricing went up was in 2005 and 2006, when it went from $49.99 to $59.99 at the start of the Xbox 360 and PS3 generation, » IDG President and CEO Yoshio Osaki told GamesIndustry.biz. « During that time, the costs and prices in other affiliated verticals have gone up.

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