All publications by tag «Sony»
Microsoft offered Sony 10-year deal to keep Call of Duty on PlayStation, as regulatory pressure intensifies
Microsoft still needs to get approval from more than 10 regulators across the globe to close the acquisition of Activision Blizzard. The company is now also trying to reach an agreement with PlayStation regarding the future of Call of Duty.
PlayStation profit drops 49% in Q2 due to increased game development and acquisition-related costs
Sony has issued a report for the second quarter ended September 30, 2022. Although the company’s gaming revenue continued to grow, its profit significantly declined due to increased costs and other factors.
Microsoft wants to bring more Chinese games to Xbox after missing out on Genshin Impact success
It seems that Microsoft regrets missing out on Genshin Impact, so now it wants to make up for lost opportunities. The company is reportedly scouting for Chinese games to strengthen its positions in the console race against Sony.
Sony plans to invest more in PC, mobile, and live service games amid growing competition
Sony is now looking for more opportunities for its expansion outside the console market. PlayStation Studios head Hermen Hulst said the company wants to increase its investment in PC, mobile, and live service titles.
Reggie Fils-Aimé: Lack of innovation in large corporations will lead to more devs starting smaller studios
Former Nintendo of America president Reggie Fils-Aimé has commented on the latest M&A activity in the games industry. He thinks that the acquisition sprees we see from giants like Microsoft and Sony will lead to prominent devs leaving these corporations.
Sony was Activision Blizzard’s largest customer by revenue in 2020, with Microsoft ranking fourth
When it comes to game sales, Sony remained one of the biggest customers of Activision Blizzard for years. Microsoft, however, has been trailing behind not only PlayStation, but Google and Apple as well.
Court dismisses class-action antitrust lawsuit against Sony over PS Store prices
A class-action antitrust lawsuit against PlayStation has been dismissed. The plaintiffs argued that the company should be considered a monopoly for using its dominant position to control video game prices in its online store.