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Feb 14th, 2024, 06:56 PM
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Sony Interactive Entertainment has stated there are no plans for "any new major existing franchise titles" before March 31, 2025 during their fiscal year 2023 Q3 earnings briefing.
Hiroki Totoki Wrote:Regarding first-party software, we aim to continue to focus on producing high-quality works and developing live service games. But while major projects are currently under development, we do not plan to release any new major existing franchise titles next fiscal year (April 1, 2024 - March 31, 2025) like God of War Ragnarök and Marvel’s Spider-Man 2.
Although the burden of acquisition related costs will ease next fiscal year, we expect profit from first-party software to decrease slightly from this fiscal year due to the impact of the decrease in sales. Due to this, operating income for the next fiscal year is currently expected to increase slightly from this fiscal year. However, while this our baseline, we are reviewing measures for further improvement in profitability in advance of the annual forecast results announcement this May. For clarification, anything that is a new IP does not fall under this plan nor any IP that are not viewed by SIE as major franchises. Hiroki Totoki also commented on the future outlook of sales for the PlayStation 5, as well as his experience in the role of chairman since taking the position in October 2023, which can be read in the same article that reported this story: https://www.gematsu.com/2024/02/sony-int...ch-31-2025
I'm not really surprised about this. I can't even think of a major IP Sony has under their belt that hasn't had a recent entry.
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I, the Philosophical Sponge of Marbles, send you on a quest for the Golden Chewing Gum of the Whoop-A-Ding-Dong Desert under the sea!
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Feb 14th, 2024, 06:56 PM
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Phoggies!
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Sony Interactive Entertainment has stated there are no plans for "any new major existing franchise titles" before March 31, 2025 during their fiscal year 2023 Q3 earnings briefing.
Hiroki Totoki Wrote:Regarding first-party software, we aim to continue to focus on producing high-quality works and developing live service games. But while major projects are currently under development, we do not plan to release any new major existing franchise titles next fiscal year (April 1, 2024 - March 31, 2025) like God of War Ragnarök and Marvel’s Spider-Man 2.
Although the burden of acquisition related costs will ease next fiscal year, we expect profit from first-party software to decrease slightly from this fiscal year due to the impact of the decrease in sales. Due to this, operating income for the next fiscal year is currently expected to increase slightly from this fiscal year. However, while this our baseline, we are reviewing measures for further improvement in profitability in advance of the annual forecast results announcement this May. For clarification, anything that is a new IP does not fall under this plan nor any IP that are not viewed by SIE as major franchises. Hiroki Totoki also commented on the future outlook of sales for the PlayStation 5, as well as his experience in the role of chairman since taking the position in October 2023, which can be read in the same article that reported this story: https://www.gematsu.com/2024/02/sony-int...ch-31-2025
I'm not really surprised about this. I can't even think of a major IP Sony has under their belt that hasn't had a recent entry.
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May 30th, 2024, 08:34 PM
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I'd be curious to know if they intend to at least show something so investors can like, I don't know, put some modicum of hope in this company while it ekes its way out of a bad time
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May 30th, 2024, 08:34 PM
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Kacheek Says Ace Pride!
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I'd be curious to know if they intend to at least show something so investors can like, I don't know, put some modicum of hope in this company while it ekes its way out of a bad time
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May 31st, 2024, 07:36 PM
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(May 30th, 2024, 08:34 PM)ShiraNoMai Wrote: I'd be curious to know if they intend to at least show something so investors can like, I don't know, put some modicum of hope in this company while it ekes its way out of a bad time Before changing course on it I'd suspect Sony were showing some of the live service game stuff that was being worked on, especially because those games are the golden goose publishers have been chasing after.
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I, the Philosophical Sponge of Marbles, send you on a quest for the Golden Chewing Gum of the Whoop-A-Ding-Dong Desert under the sea!
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May 31st, 2024, 07:36 PM
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Phoggies!
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(May 30th, 2024, 08:34 PM)ShiraNoMai Wrote: I'd be curious to know if they intend to at least show something so investors can like, I don't know, put some modicum of hope in this company while it ekes its way out of a bad time Before changing course on it I'd suspect Sony were showing some of the live service game stuff that was being worked on, especially because those games are the golden goose publishers have been chasing after.
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