PlayStation Is Making Bad Investments, Bad Decisions

United States News News

PlayStation Is Making Bad Investments, Bad Decisions
United States Latest News,United States Headlines
  • 📰 ForbesTech
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 59%

I’ve been writing about video games, television and movies for Forbes for over 10 years, and you may have seen my reviews on Rotten Tomatoes and Metacritic. I cover all manner of console and PC games, but if it’s about looting or shooting, I’m definitely there. If I’m watching something, it’s usually science fiction, horror or superheroic.

Sony’s PlayStation is extremely good at two things: Making a console people want to buy, and having its devs make great single players games for that console.

Unfortunately, it always feels like its missing the mark. In terms of products, in terms of genre investment, in terms of acquisitions, in terms of its use of time and resources. into VR, selling two VR headsets now in an industry that has seen slow growth and adoption of the tech. They’ve done well…within that niche, but there is no indication VR is anywhere close to the mainstream even after close to a decade now, and it feels like this is a strange place to continue to sink so much blood and treasure.Biohazard Village, known as Resident Evil Village outside of Japan, video game in the Capcom booth at the Tokyo Game Show 2022 on September 15, 2022 in Chiba, Japan.

That’s just hardware, however. Another column of Sony’s recent plans, announced before Jim Ryan left, was that it was making a huge pivot toward live multiplayer games, that it would increase investment so that live content was 60% of its budget. This is an effort to free themselves from making purely one-and-done single player games, instead wanting Fortnite/Apex/Warzone type games that print money all year long.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ForbesTech /  🏆 318. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SHIB Ally Bad Idea AI (BAD) Listed on Top Australian Exchange Upon Integrating ShibariumSHIB Ally Bad Idea AI (BAD) Listed on Top Australian Exchange Upon Integrating ShibariumAI-centered BAD token boasts new listing, joining the SHIB trifecta on this Australian crypto exchange
Read more »

God of War and Uncharted: Legacy of Thieves Collection Releasing on New PC PlatformGod of War and Uncharted: Legacy of Thieves Collection Releasing on New PC PlatformTwo of PlayStation's biggest games are coming to a new marketplace on PC.
Read more »

Woodland Hills metals dealer settles lawsuit over $68 million in scam investmentsWoodland Hills metals dealer settles lawsuit over $68 million in scam investmentsInvestors ‘suffered substantial losses’ in retirement funds, including one Idaho retiree whose coin purchase lost $241,385 in value in less than a day, the suit alleges.
Read more »

UAW deal with Ford includes $8.1 billion in investments, $5,000 ratification bonusesUAW deal with Ford includes $8.1 billion in investments, $5,000 ratification bonusesThe 4 ½-year tentative agreement will now be rolled out to 57,000 UAW-Ford members for regional informational meetings and then voting, the union said Sunday
Read more »

UAW deal with Ford includes $8.1 billion in investments, $5,000 ratification bonusesUAW deal with Ford includes $8.1 billion in investments, $5,000 ratification bonusesThe 4 ½-year tentative agreement will now be rolled out to 57,000 UAW-Ford members for regional informational meetings and then voting, the union said Sunday
Read more »

How to make sound investments this fallHow to make sound investments this fallInterest rates are still at a record high.
Read more »



Render Time: 2025-02-19 15:22:41