When the new PS5 pricing goes into effect on April 2, the base digital edition of the PS5 will have gone up by a whopping $200 since the system arrived in 2020. What's driving up the price and what does it mean for the industry at large? Here's a breakdown of what Sony has said and deeper context from expert sources.

The price of a PlayStation is going up by another $100, the second time in less than a year that Sony has upped the price tag on its popular gaming console.

Starting on April 2, all PS5 models will cost at least $150 more than they did at launch in 2020 when the console launched.