We got a pretty good glimpse of PlayStations plans in their investor stream yesterday so I'm curious where everyone's at on their business decisions in recent years and their stated upcoming plans. A lot of these initiatives began around 3 years ago and we're starting to see them bear fruit. I'll try to provide a summary off the top of my head for reference but please feel free to add anything I may have missed. Does all of this excite you? Some of it? Are you unhappy with their direction? Want them to do more of something or do something else entirely?
Here's a link to their slides from yesterday's meeting for reference if you want to take a look:
- SIE has "over 25" games in production with nearly half of them being new IP. This is something we learned several months ago.
- They've expanded their business massively in the past 3 years by growing all their studios (some have become multi-project), also via acquisition (Insomniac, Firesprite, Bluepoint, Haven, Bungie, Valkyrie, Nixxes and Housemarque), and via new partnerships (Firewalk, Deviation and Haven before they were acquired). Further expansion is planned.
- Investing heavily into live service titles to add to their existing single player lineup. They currently have 1 live service franchise (MLB) and plan to have 12 total by FY25. They plan to have 2 more unannounced live service franchises release before the end of this fiscal year.
- PlayStation Productions was launched in 2019 and the first title under its banner was released this year with the Uncharted movie (even though the movies existence predates the division), and their first fully homegrown project should arrive early next year with The Last of Us on HBO. They've got about 12 film/TV projects underway as it stands for IP like Horizon, God of War, Ghost of Tsushima, Gran Turismo and Twisted Metal.
- Sony's begun putting their IP on PC and plans to continue down that road. To date they've had Horizon Zero Dawn (2.398 million sales), Days Gone (852K sales) and God of War 2018 (971K sales). By FY25 they plan for nearly 1/3rd of their first party releases to be on PC
- They've begun an initiative to bring their IP to mobile. Last year they hired the former content boss of Apple Arcade to head up their mobile plans. They plan to utilize first and third party resources for their mobile titles and by FY25 they aim to have about 1/5th of their first party output to be on mobile.
- Regarding subscription services Sony are currently in the process of launching their revamped PS+ service which merges their existing PS+ and PS Now services into a single offering with 3 tiers. Through this they'll be offering premium content to more countries than PS Now previously did. The overall quality of the content is improved and they've begun offering legacy content from the PS1, PS2 and PSP on top of PS3/PS4/PS5 games that were previously offered on PS+/PS Now
- Regarding console sales we all know supply constraints have limited the number of consoles that could be manufactured and supply is not able to keep up with demand. According to the info shared by Sony they expect the next FY to be where the PS5 will overtake the PS4 sales for the same relative period of time post-launch.
- VR is something Sony's been investing in for many years and PSVR2 could launch either later this year or early next year. They've got 20 titles in the works for launch (not specified if that's day 1 launch or launch period) from first and third parties.
Their business has changed quite a bit over the past 3 years and they plan to continue down those roads. What's your take on all of this?
Here's a link to their slides from yesterday's meeting for reference if you want to take a look:
- SIE has "over 25" games in production with nearly half of them being new IP. This is something we learned several months ago.
- They've expanded their business massively in the past 3 years by growing all their studios (some have become multi-project), also via acquisition (Insomniac, Firesprite, Bluepoint, Haven, Bungie, Valkyrie, Nixxes and Housemarque), and via new partnerships (Firewalk, Deviation and Haven before they were acquired). Further expansion is planned.
- Investing heavily into live service titles to add to their existing single player lineup. They currently have 1 live service franchise (MLB) and plan to have 12 total by FY25. They plan to have 2 more unannounced live service franchises release before the end of this fiscal year.
- PlayStation Productions was launched in 2019 and the first title under its banner was released this year with the Uncharted movie (even though the movies existence predates the division), and their first fully homegrown project should arrive early next year with The Last of Us on HBO. They've got about 12 film/TV projects underway as it stands for IP like Horizon, God of War, Ghost of Tsushima, Gran Turismo and Twisted Metal.
- Sony's begun putting their IP on PC and plans to continue down that road. To date they've had Horizon Zero Dawn (2.398 million sales), Days Gone (852K sales) and God of War 2018 (971K sales). By FY25 they plan for nearly 1/3rd of their first party releases to be on PC
- They've begun an initiative to bring their IP to mobile. Last year they hired the former content boss of Apple Arcade to head up their mobile plans. They plan to utilize first and third party resources for their mobile titles and by FY25 they aim to have about 1/5th of their first party output to be on mobile.
- Regarding subscription services Sony are currently in the process of launching their revamped PS+ service which merges their existing PS+ and PS Now services into a single offering with 3 tiers. Through this they'll be offering premium content to more countries than PS Now previously did. The overall quality of the content is improved and they've begun offering legacy content from the PS1, PS2 and PSP on top of PS3/PS4/PS5 games that were previously offered on PS+/PS Now
- Regarding console sales we all know supply constraints have limited the number of consoles that could be manufactured and supply is not able to keep up with demand. According to the info shared by Sony they expect the next FY to be where the PS5 will overtake the PS4 sales for the same relative period of time post-launch.
- VR is something Sony's been investing in for many years and PSVR2 could launch either later this year or early next year. They've got 20 titles in the works for launch (not specified if that's day 1 launch or launch period) from first and third parties.
Their business has changed quite a bit over the past 3 years and they plan to continue down those roads. What's your take on all of this?