UFC announced Thursday their plans to raise the price of their monthly pay-per-view events by $5.
The company claimed the increase in PPV cost was done in an attempt to offset the rising cost of producing the live events.
Standard definition shows will now cost $49.99. High definition shows will run $59.99.
UFC officials issued the following statement to MMAJunkie.com regarding the price increase:
“In an effort to provide UFC fans with the best possible matchups and highest quality programming, we have maintained the same suggested retail price for our U.S. pay-per-view events since February 2008 (UFC 81), with one exception – UFC 168 in 2013. As with most industries, our costs have gone up significantly over this period and we have determined it is necessary to institute a minimal cost increase beginning in 2015. The previous cost to buy a UFC pay-per-view was $44.99 for the standard-definition broadcast and $54.99 for the high-definition version. Now, the SD price is $49.99, and $59.99 for HD.”