PS5 and Xbox Series X games pricing unclear as Take-Two hedges price jump

(Image credit: 2K Games)

The price of PS5 and Xbox Series X games has been a source of contention in recent weeks, and it’s even less clear than ever what gamers are going to be paying on average during the next console generation.

Take-Two CEO Strauss Zelnick confirmed in an earnings call that not all PS5 and Xbox Series X games would see a price bump up to $70 in the US (and likely £70 in the UK), but that some of them would, with no clarity on the criteria for the disparity (via DualShockers).

“We’re definitely announcing pricing on a title by title basis,” said Zelnick.

The news comes several weeks after Take-Two initially announced the price bump, though we know it won’t be applied across the board by similar publishers. Ubisoft has clarified that all of its next-gen games releasing in 2020 would cost the same as its current-gen titles. For Assassin’s Creed Valhalla or Gods and Monsters, then, we know what to expect.

Given that gamers are already paying $60 / £60 / AU$100 for new PS4 and Xbox One games, the price jump naturally wasn’t welcomed warmly. There is an uneasy balance to get between being able to fund ever more ambitious games, and the ability of everyday gamers to pay for them.

Zelnick added that “there hasn’t been a frontline price increase for a very long time, although costs have increased significantly.”

Cost analysis

It’s comforting to know that not every next-gen game will retail at the increased figure, but gamers are still waiting on any sort of clarity as to the price for the next-gen consoles, accessories, and (naturally) their games.

Rumors are circulating of a pricing reveal in August, which seems likely given how close we’re getting to the late 2020 release window. Retailers will be looking to start logging preorders to give a sense of demand, and so far Sony and Microsoft have been playing chicken to see who drops their pricing first – as neither will want to be massively undercut by the other.

What Sony, Microsoft, and Take-Two all need to remember is that gamers are also often parents, cash-strapped kids, or undecided spenders – and clear pricing information is going to be necessary to help many would-be PS5 or Xbox Series X gamers budget for the upcoming expense, or decide whether they want to at all.

Henry St Leger

Henry is a freelance technology journalist, and former News & Features Editor for TechRadar, where he specialized in home entertainment gadgets such as TVs, projectors, soundbars, and smart speakers. Other bylines include Edge, T3, iMore, GamesRadar, NBC News, Healthline, and The Times.

Latest in Consoles & PC
Image of Naoe in AC Shadows
Assassin's Creed Shadows is hands-down one of the most beautiful PC ports I've ever seen
Image of AC Shadows cover art & Steam Deck
It's not perfect, but Assassin's Creed Shadows' performance is impressive - it runs smoothly on the Steam Deck and Asus ROG Ally
Steam Deck OLED in limited edition white color
With a single update SteamOS could turbocharge handheld PCs – here's how
Samus Aran leaping through space
Metroid Prime 4 tipped to be at the heart of April's Nintendo Switch 2 deep-dive
Nintendo Switch 2
Nintendo Switch 2 expected to have AI upscaling and I can't wait to finally play Tears of the Kingdom with upgraded graphics
Asus ROG Ally using Steam
I think Asus could be the perfect partner for an Xbox handheld – but I have questions
Latest in News
Microsoft
"Another pair of eyes" - Microsoft launches all-new Security Copilot Agents to give security teams the upper hand
Cassian Andor looking nervously over his shoulder in Andor season 2
New Andor season 2 trailer has got Star Wars fans asking the same question – and it includes an ominous call back to Rogue One's official teaser
Ncuti Gatwa as The Fifteenth Doctor in Doctor Who
Disney+ drops new trailer for Doctor Who season 2 that promises an epic adventure across time and space
23andMe
23andMe is bankrupt and about to sell your DNA, here's how to stop that from happening
A phone showing a ChatGPT app error message
ChatGPT was down for many – here's what happened
AirPods Max with USB-C in every color
Apple's AirPods Max with USB-C will get lossless audio in April, but you'll need to go wired