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Microsoft Quickly Cancels Plan to Raise Xbox Live Gold Subscription Prices – Motley Fool

The reversal follows a sharp outcry from players and other critics of the move.

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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. A three-month membership was set at $29.99 (formerly $24.99). The longest term currently available, six months, would have increased to $59.99 (formerly $39.99). Microsoft is no longer offering a one-year option.

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