There’s no doubt that PS Plus plateaued during the pandemic, and Sony has struggled to grow the service beyond 50 million active subscribers. That ceiling has meant the platform holder has turned its attention to extracting more revenue from each individual member, and the strategy appears to be working with the implementation of the various new tiers.
PS Plus did rebound slightly in the quarter ending 31st December, registering 46.4 million subscribers, up from 45.4 the quarter prior. However, year-over-year, the trajectory is still trending downwards: for the same quarter in 2021, the manufacturer had 47.4 million subscribers. That number, itself, was down 600k compared to the quarter before it.