Microsoft have announced that they will be increasing the price of Xbox Live in the UK, US, Canada and Mexico. Any regions not mentioned will not be seeing a price increase.
In the UK, the monthly price of Live will increase from £4.99 to £5.99. In the US, it will increase from $7.99 to $9.99. Canada will also see its price increased to $9.99.
Major Nelson said that Microsoft would like to thank "loyal members and give you the opportunity to lock in your current price with an additional discount."
The new pricing model will come into effect on the 1st of November.