Sony might be the next tech giant to offer its own approach to the metaverse. The company plans to evolve its gaming business and adopt a cross-platform strategy ahead of potential changes in the market.

Sony plans to increase its investment in first-party games by over $300 million. However, the company still doesn’t want to adopt the Game Pass-style model and include its AAA titles in subscription at launch.

PlayStation Talents Games Camp is aimed at helping small Spain-based studios develop and market their games for Sony’s platform. However, four studios have decided to exit the program at once.

Sony will require developers of certain games to make time-limited trials, according to the latest report. These versions must be at least two hours long, so they can be added to the PS Plus Premium subscription.

Sony has created a new Preservation team. While it is unclear what specific goals this division will have, it most likely will focus on saving and maintaining old PlayStation titles.

Sony has no plans to slow down on its expansion into the PC market. The company is now looking for a senior director who will help optimize and increase the growth strategy for upcoming console ports.

Sony has already stated that it has plans for more M&A deals after announcing the Bungie acquisition. According to a new rumor, Elden Ring developer FromSoftware might be the company’s next acquisition candidate.

Microsoft has been trying to close the gap on Sony since the start of the latest console race. The Xbox Series X|S has strengthened its positions over the last months, with its total sales reaching almost 14 million units worldwide.

Sony and Nintendo have pledged to update subscription renewal rules in the UK. The platform holders made the decision following an investigation conducted by the country’s Competition and Markets Authority (CMA).

Epic Games has closed a $2 billion round of funding with participation from Sony and KIRKBI. The company will use the money to advance its vision to “build the metaverse and support its continued growth.”

PlayStation won’t stop with the Bungie acquisition, planning to buy more studios in the future. According to Sony Interactive Entertainment CEO Jim Ryan, this strategy will help the company succeed in the future.

Firesprite, which was acquired by Sony last year, has an unannounced AAA game in development. It will be a horror title for PlayStation 5.

Sony has introduced “all new PlayStation Plus,” announcing its transformation into a three-tier subscription service. Players will get access to a library that consists of both recent games and classic titles from PS1-PS3.

Sony has announced an acquisition of Haven Studios, which was founded by Jade Raymond last year. The team is now working on the exclusive live service game for PlayStation 5.

Metacritic has shared its list of top game publishers of 2021, with Microsoft leaping to the first place. The company has outperformed other big companies, including Sony, Activision Blizzard, and EA.

Amid global support for Ukraine, more companies are suspending their business operations in Russia. Sony, Nintendo, WarnerMedia, and some other studios have joined the ongoing exodus.

With the Bungie acquisition announced earlier this week, Sony has revealed how exactly the $3.6 billion spent on the buy-out will be allocated. It turns out that around $1.2 billion will go to keeping Bungie employees on board.

Sony Interactive Entertainment CEO Jim Ryan has explained the company’s motives behind the Bungie acquisition. This deal is in line with PlayStation’s strategy of expanding beyond just one console and making new live-service games.

Sony Interactive Entertainment has announced the acquisition of Bungie, known as the creator of world-famous series like Halo and Destiny. The deal worth $3.6 billion should help PlayStation reach a wider audience.