We like to keep an eye on subscription-based entertainment businesses outside music, and yesterday two big companies’ financial results offered us some new data to consider.
Sony Corporation’s results included the announcement that there are now 44.9 million people paying for the PlayStation Plus service, up from 41.5 million a quarter ago.
PS Plus costs $9.99 a month, $24.99 a quarter or $59.99 a year, and enables people to play PlayStation 4 console games online, as well as getting two free PS4 games a month and various discounts. Sony’s wider PlayStation Network (a decent measure of PS4 owners) has 113 million monthly active users, so that’s a conversion rate of 39.7%.