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Sony releases investor briefing, plans to invest more in new IPs, drop two live-service games soon

Yusuf Balogun
Yusuf Balogun
Yusuf is a law graduate and freelance journalist with a keen interest in tech reporting.

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In a bid to uphold its technological strength, today, the Japanese multinational conglomerate corporation, Sony, has released its recent investor briefing. The briefing contains Sony’s current and future plans, 8estimates, strategies, and beliefs.

According to the document released, the gaming giant plans to invest more in new IPs than before, released two new live-service games before the end of this fiscal year, and launch PSVR2 with 20+ major first and third-party titles.

Likewise, the firm published sales data for their PC releases as of March 2022, which includes; the Zero Dawn 2.4 million, Days Gone 852 thousand, and God Of War 971 thousand.

On the other hand, Sony further pointed out that it’s outlined intentions for around 20% of its software output to be mobile by 2025 – a significant figure, as contained in the investor’s briefing.

Aside from the 20% mobile software output, it appears that it plans to establish specialized teams within some of its first-party studios, as well as explore strategic relationships with boutique developers, to establish a centralized mobile team that will lead the entire strategy, fronted by talent from top mobile companies.

However, in a similar report the president of Sony Interactive Entertainment, Jim Ryan, noted that the gaming giant plans to acquire more game studios and increase investment in live services, PC, and mobile offerings.

According to Ryan, Sony expects to spend nearly half of its PlayStation 5 investment budget on developing and increasing live services by the fiscal year 2025, up from nearly half now. Along with PC and mobile, which are the two major areas of concentration for expansion, it’s a sector of the gaming business where Sony has had no real presence,

He, however, maintained that its PC net sales are expected to reach $300 million in the current fiscal year, rising nearly fourfold from the previous fiscal year’s $80 million.

In recent times, Sony has bolstered its portfolio by agreeing to acquire Bungie Inc. and several other game developers. Bungie’s expertise as a live services operator will also be integrated into the company’s broader ecosystem as it seeks to expand that component of its consumer offering. Follow TechGenyz for more gaming news.

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