Nintendo confirms Zelda: Tears of the Kingdom will cost $69.99

According to recent news, Nintendo has announced that its highly-anticipated sequel to The Legend of Zelda: Breath of the Wild, called "The Legend of Zelda: Tears of the Kingdom," will cost $69.99. This price is a departure from the standard $59.99 that Nintendo typically charges for its first-party games. The announcement was made following a Nintendo Direct on Wednesday and the price change was reflected on Nintendo's website.

While this particular game is the first major release to be affected by the $10 price hike, not all of Nintendo's upcoming games will see a price increase. Games such as "Pikmin 4" and "Advance Wars 1+2: Re-Boot Camp" are still priced at $59.99 and are set to be released in July and April, respectively.

When asked if $69.99 would become the standard price for first-party Nintendo games, the company stated that each product's retail price is determined on a case-by-case basis. The increase in price for Tears of the Kingdom is in line with other major game publishers, including Microsoft, Sony Interactive Entertainment, Ubisoft, and Take-Two Interactive, who have already raised their prices to $69.99 for current-gen games.

Nintendo has announced that its upcoming game, The Legend of Zelda: Tears of the Kingdom, will cost $69.99, instead of the traditional $59.99 price for its first-party games. This is the first time that Nintendo has been affected by the recent video game price hike, which has seen prices rise from $59.99 to $69.99. However, not all of Nintendo's upcoming games will be affected by this price increase, as games like Pikmin 4 and Advance Wars 1+2: Re-Boot Camp are still priced at $59.99.

When asked if $69.99 will become the standard price for first-party Nintendo games, the company stated that each product is evaluated on a case-by-case basis, and that there is no plan to establish a set price point. This price increase by Nintendo aligns with the prices set by other publishers such as Microsoft, Sony Interactive Entertainment, Ubisoft, and Take-Two Interactive, which have all priced new games at $69.99.

It's worth noting that the video game industry has seen a rise in costs in recent years, due to factors such as increased development time and costs, higher production and marketing expenses, and the need to compete with increasingly sophisticated technology. This has led to a shift in pricing for video games, as publishers look to recoup their expenses and maintain profitability.