- Sony Group Corp SONY The gaming business is anticipating new investments to boost its push into PC and mobile.
- Sony’s foray into other platforms comes as it struggled to produce enough PlayStation 5 units due to supply chain challenges.
- “Further investment in areas that will strengthen expansion on PC, mobile and live services is definitely an option for us,” said Hermen Hulst, Head of PlayStation Studios. said Reuters.
- Sony’s studios are known for single player console games. It has outlined plans to release titles on PC and mobile devices and offer live service games that offer continuously updated play.
- Related: Sony is betting heavily on the VR sector and is increasing the production of VR2 headsets.
- The report added that the shift is reflected in recent deals, including Bungie’s $3.6 billion acquisition, the studio behind the multiplayer Destiny franchise, and a minority stake in FromSoftware, its action role-playing game Elden Ring “ was sold more than 16.6 million units.
- “You should think primarily about collaborations on the game development side, but it’s not out of the question that we’re exploring opportunities with our efforts at PlayStation Productions,” Hulst said of FromSoftware’s investment.
- “If Sony can pull off what they’ve achieved with single player experiences but (as) multiplayer experiences across platforms, on PC, on consoles and maybe even on phone then all bets are off,” the report quotes as saying Serkan Toto. Founder of the consulting company Kantan Games.
- Price promotion: SONY shares closed up 3.29% at $66.16 on Monday.
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