Sony executives argue that the company is not creating enough original franchises

Sony, supplier of original franchises such as The Last of Us, Uncharted, Horizon, Killzone, Ratchet and Clank, LittleBigPlanet, Resistance, God of War, LocoRoco, and Astro Bot believes it could do more to develop domestic IPs. Speaking to the Financial Times Regarding the company's place in the entertainment world, Sony CFO Hiroki Totoki said it needs … Read more

Firewalk and Sony Block Concord, Vow to 'Explore Options' for Improvement

Two weeks after release, Firewalk Studios is bringing his debut shooter Concord offline Friday September 6th. While acknowledging its strengths, director Ryan Ellis admitted that the game's initial launch for PlayStation 5 and PC “didn't go as well as we planned.” Concord released on August 23, and its alleged underperformance has dominated the conversation around … Read more

Blockchain Studio Double Jump Tokyo Gets $10M From SBI Investment, Sony, Others

PlayStation maker Sony and other investors have invested $10 million in Double Jump Tokyo to fund the development of games based on blockchain technology. Double Jump Tokyo said the investment round was led by Japanese venture capital firm SBI Investment with backing from Sony Group Corporation, Taisu Ventures, Gate Ventures, TM Capital, Bing Ventures and … Read more

Sony Raises Price of PlayStation 5 Hardware in Japan

Sony raises the price of the PlayStation 5 and some accessories in Japan. Breaking the news in a blog postThe company explained, the standard PlayStation 5 (complete with disc drive) will now retail for 79,980 yen ($551) in the region. As Reuters notedthat is, an increase of about 20 percent from the previous price of … Read more