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Microsoft Raising Xbox Live Subscription Cost

All those "Xbox Live going free" rumors were way off the mark, huh?

Xbox Live Director of Programming Major Nelson has announced that Microsoft will increase the cost of several Xbox Live subscriptions packages in the US, Canada, Mexico, and the United Kingdom. Starting on November 1st, the price of a one-year subscription to Xbox Live in the US will be adjusted to $60 a year, up from its current price of $50.
 
Here's the full breakdown of the price changes Microsoft will make to subscriptions in each of the four regions.
 

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Major Nelson recommends that those subscribers who would like to buy a subscription at the current price do so now, before the new pricing structure takes effect. Those who do resubscribe now will be able to purchase a one-year subscription for $39.99, a $20 discount on the new price.