[CNBC] PlayStation on track to hit 25 Million PS5 consoles sold this year, will pursue expanding First Party catalog through partnerships

[Gizmo_Duck]

PS5 is fully stocked for first time and on track for record sales this year, top Sony exec says

Sony's PlayStation 5 is at full capacity around the world, according to Eric Lempel, the company's head of business operations.

www.cnbc.com

PS5 on track for 25 Million units in a year:

https://www.thecoli.com/threads/pla...t-party-catalog-through-partnerships.1002230/ PlayStation 5 is fully stocked in stores around the world and will hit Sony’s sales target of 25 million units for the year, an executive at the company told CNBC exclusively.

“This holiday season is the first holiday season we will be fully stocked on PlayStation 5 in every geography,” Eric Lempel, Sony’s head of business operations said in an interview earlier this week.

Lempel said the company was on track to meet that target this year and expects “record-breaking sales,” thanks to the rebalancing of supply and demand and demand for titles like the newly released Marvel’s Spider-Man 2, which is exclusive to PS5.

On increasing competition with MS's acquisition of ABK:

Addressing a CNBC question on whether Sony needs to do anything in response to Microsoft’s move to catch up in the intellectual property land grab that’s been going on in gaming, Lempel said Sony is constantly on the hunt for new developer partners to build exclusive titles for PS5.

But, he added, attempts to build out Sony’s growing catalogue of first-party games further may not always mean acquisitions, stressing its interest in partnerships.

“We have a number of ways of looking at this,” Lempel said, adding that “in terms of great content, that’s where we’re focused.”

“We’ve done more M&A [mergers and acquisitions] in the past decade than we’ve ever done,” he said. “We’re always looking to work with new partners, whether that’s somebody as an external provider … or working with a developer along with the way and then acquiring them later.”

Lempel cited Insomniac Games, which developed the Marvel’s Spider-Man franchise at PlayStation, as a good example of this strategy. Insomniac was earlier a partner to Sony, making games for its PlayStation platform, but it became more integrated with Sony before the Japanese tech titan later decided to buy the firm outright.

 

[Koba St]

With Spiderman 2, that should be very easy.

 

[levitate]

I mean, it’s what we do…

 

[Gizmo_Duck]

i definitely think a new Fromsoft game is coming

 

[gurf]

Good, they shouldn't be running around purchasing studios in attempt to keep up. Keep doing what you're doing. Although I think they're going to need to add some shyt to PS+ to provide value for the price hike

 

[Rekkapryde]

Good, they shouldn't be running around purchasing studios in attempt to keep up. Keep doing what you're doing. Although I think they're going to need to add some shyt to PS+ to provide value for the price hike

Bet you they put PS Plus Essential on sale Black Friday for the old regular price. They ain't fooling nobody.

 

[gurf]

Bet you they put PS Plus Essential on sale Black Friday for the old regular price. They ain't fooling nobody.

If anything give us bonus star points or whatever that program is. x2 points if you're a PS+ subscriber

 

[Loose]

Someone tell Lempel us consumers need another price hike for plus and the console. We not paying enough for such a prestigious brand

 

[Gizmo_Duck]

Someone tell Lempel us consumers need another price hike for plus and the console. We not paying enough for such a prestigious brand

Don’t worry, you’ll get one for activision pass

 

[Loose]

Don’t worry, you’ll get one for activision pass

Unfortunately that's not in plus

 

[Gizmo_Duck]

Unfortunately that's not in plus

Fortunately, phil will keep yall fed with price increases

 

[-DMP-]

I wonder what ips they are thinking of letting a third party develop.

 

[Gizmo_Duck]

I wonder what ips they are thinking of letting a third party develop.

Why PlayStation Is Heavily Investing In Elden Ring Developer FromSoftware

While FromSoftware has survived as a third-party developer for most of its existence, Sony's recent investments in the developer have some wondering what the Elden Ring developer's future holds.

www.denofgeek.com

 

[MarcP]

That's a tough break for the Sony should buy SE/CDPR crew.

 

[Bryan Danielson]

So a non story