Microsoft Quickly Cancels Plan to Raise Xbox Live Gold Subscription Prices

Microsoft Quickly Cancels Plan to Raise Xbox Live Gold Subscription Prices
Eric Volkman, The Motley Fool
·2 min read

On Friday, Microsoft (NASDAQ: MSFT) announced a set of price raises for its Xbox Live Gold online gaming service, then reversed itself hours later after a wave of criticism. The IT giant originally announced that Gold would cost $1 more for a one-month membership, lifting its cost to $10.99. Microsoft is no longer offering a one-year option.