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Microsoft reverses Xbox Live Gold price hike — and offers a big improvement

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In a dramatic U-turn, Microsoft has announced it won’t be going ahead with its plans to double the price of Xbox Live Gold memberships. Not only that, but at the same time the company has announced changes that mean fewer people will actually need a Gold subscription in the first place.

Just hours after the initial price hike was announced, Microsoft backtracked in response to anger from fans. “Today was not great,” the company tweeted. “We always try to do our best for you and today we missed the mark. We hear you, and we’re reversing our Xbox Live Gold pricing updates.”

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