So, it turns out PlayStation Plus is kind of a big deal. With the PlayStation 3 and PS Vita, Sony kept its online play and community features free. Gamers looking for a little extra, including things like a growing collection of free games, would pony up cash for PS Plus.
The subscription program has turned into a massive hit, thanks mostly to the aforementioned Instant Games Collection. Right now, PS Plus subscribers can instantly download titles like Gravity Rush for the PS Vita and XCOM: Enemy Unknown for the PlayStation 3 for free as part of their membership.
PlayStation Plus is sold in yearly and three month varieties. You can be a member for less than $5 a month at the $49.99 per year price. That cost coupled with the benefits has lead to a big bulk of buyers.
A research firm, IHS Electronics and Media, put together some profit projections for Sony and their PlayStation Plus program. According to their findings, at the rate things are going now, Sony will be generating $1.2 billion per year by 2017 from PlayStation Plus alone.
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