They're raising the yearly price of Live to $60. Greedy bastards.
Microsoft Raising Xbox Live Price - G4tv.com
Microsoft Raising Xbox Live Price - G4tv.com
As of November 1, users of Xbox Live Gold will be paying more for the online service. The price of Gold in the U.S. is going from $7.99 a month to $9.99 a month. Three-month buys will go from $19.99 to $24.99, and if you buy your Xbox Live by the year, you'll be paying $59.99 instead of $49.99 annually.
"Since launching Xbox Live in 2002 we have continually added more content and entertainment experiences for our members, while keeping the price the same. We’re confident that when the new pricing takes effect, an Xbox Live Gold membership will continue to offer the best value in the industry," Posts Major Nelson on Xbox Live's official blog, before reminding you to re-up your subscription now, to avoid the new, higher rates.