PlayStation CEO says Sony still has "more studio acquisitions planned"
gamesradar.comSIE President and CEO Jim Ryan has confirmed that the company has more game studio acquisitions planned.
The news comes courtesy of the latest edition of the official PlayStation podcast, and follows several high-profile acquisitions, including Destiny creator Bungie, Bluepoint Games, Housemarque, and most recently, Haven. The company now has 18 first-party development studios in its portfolio.
“We’re in a really good place with PlayStation Studios and have been for the past few years," Ryan said in the podcast, as transcribed by VGC. "The critical success and the commercial success of the games that they’ve been making… that has given us permission to invest heavily in content creation.
"We’re growing our studios organically and we’re growing through acquisition," Ryan added. "We acquired five studios during the course of 2021, we’re in discussions with Bungie and we have more planned. This is getting us into a virtuous cycle where success begets success."
Ryan also spoke a little more about why Sony has decided not to include its first-party games in with its new subscription service, PS Plus, despite it being one of Xbox Game Pass' biggest draws.
“The games that we make are getting bigger; they’re getting better, they’re getting more beautiful, they’re getting richer, the narrative is getting stronger… this is really great and gamers tell us this is what they really want from PlayStation," he said.
"Now, I have to say, putting these games into a subscription service immediately upon their release would break this virtuous circle, and we wouldn’t be able to invest in the way that we’re currently able to. So we’re not doing it. We’re going to stick to the approach that we have and has served us well under many years
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