At a press conference earlier, PlayStation announced a new service to be added on to its PlayStation Network: a subscription based ‘plus’ network for people who are willing to pay the fee.

With this new program, plenty of new and exciting content should be coming out every month. However, you will only own these features so long as you are subscribed.

A one-year subscription will run you $49.99, while a three-month subscription will cost $16.99. It will be up to true PS users and diehard fans to decide whether or not the service is worth the price.

PlayStation Plus launches later this month.