Shawn Layden, the former head of Sony Interactive Entertainment, has joined Tencent Games as a strategic advisor. He will help the Chinese tech giant strengthen its positions in the global games market.

Shawn Layden has shared his thoughts on the costs of game development. According to his predictions, PS5 titles will cost $200 million to make, with prices growing exponentially from there.

Former PlayStation Studios boss Shawn Layden has shared his thoughts about the games industry’s current state. He is concerned that consolidation will make it “moribund.” He is also skeptical about the Xbox Game Pass subscription model.

Shawn Layden has joined Streamline Media Group’s advisory board. The former PlayStation executive will advise the company on its global strategy for video games and enterprise.

Guerrilla Games managing director and co-founder Hermen Hulst has become new head of Worldwide Studios.