Microsoft announced last week that the price of XBox Live will increase from $50 to $60 in the US as of November 1, 2010. A similar price increases will take place in Mexico, and single month subscriptions are going up in Canada and the UK (although annual subscriptions remain unchanged). Since opening in 2002, the service has expanded significantly to include movie and television rentals, Netflix streaming, social media services and video chat.
The good news for fans is that Microsoft is offering the option of locking in their next year at $40, so players that act before the end of October can actually get a discount. That's not the only good option though. Amazon.com frequently discounts annual subscription cards to $10-20 below the going rate. Their best deal at the moment is a year of XBox Live, a headset, the controller-keyboard and a copy of Project Gotham 4 for just $55. Another interesting option is the XBox Live Family Pack that allows up to four Live Gold accounts on one XBox for one year for $100. Plan ahead and get your Arena-playing paid off for cheap!