Significant Expansion of Sony Investments in their Studios.
Significant Expansion of Sony Investments in their Studios.
a year ago
Lately, the chief financial officer of Sony Hiroki Totoki revealed his plans for the future investments of the company. As he stated, Sony will invest more in their subsidiaries such as London Studio, Sucker Punch Productions, and many others. More than $180 million will be invested in the development and expansion of the studious to make them more efficient and advanced. Sony orients on the high success and big profit, so each of its studios needs to be a high-quality organization bringing lucrative games only.
In this way, Japan Studio was mothballed as it didn’t bring enough profit for such a gigantic corporation like Sony. This studio was one of the long-termed first-party Sony studios. Nevertheless, small projects that wouldn’t guarantee big profit don’t interest the corporation now.
Besides the subsidiaries, Totoki plans to invest in the improvement of the cooperation with third-party studios. As an example, he cited a recent partnership with Haven Entertainment Studios. It's a new studio that was created by famous game creator Jade Raymond, who produced such successful franchises as Assassin's Creed and Watch Dogs. The main targets of such partnerships are to improve and develop their software to create high-quality products.
The good news for all PS5 owners! Sony is highly satisfied by the success of exclusive games for the latest PlayStation generation. Accordingly, the company will produce more exclusives for the console in the future. Due to this, PS5sales surpassed the PS4 ones and break the current sales record. However, Sony’s direction only on the profitable projects andPS5 exclusives made some conflicts inside the company that led to the resignation of some Sony Bend members.
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