Xbox Live Gold Subscriptions Increasing this Fall

Microsoft dropped the bomb this morning and announced that starting November 1st, subscriptions for the Xbox Live Gold will be increasing.

This is what Major Nelson has to say on the topic about the increase on the Xbox Live Gold Membership:

“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.

However, we do want to thank our loyal members and give you the opportunity to lock in your current price with an additional discount, so now would be a good time to renew your subscription.”