Sony, PlayStation
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Put simply, the lawsuit alleges that Sony limited the sale of digital games on other marketplaces, funneling customers into its own PlayStation Store. Some of these games include PlayStation exclusive titles, such as The Last of Us, as well as third-party games, like Mass Effect Trilogy and Resident Evil 4.
By Sam Nussey TOKYO, July 31 (Reuters) - Sony hiked its full-year earnings forecast on Friday, as strong performance at its gaming business helped the Japanese conglomerate deliver a better-than-expected jump of 40% in first-quarter profit.
Sony says the A7 V and A7R VI are leading to a higher average sale price, while the brand's sensor division is breaking income records
Crunchyroll continues to grow paid subscriber numbers, but lower revenues from motion pictures was due to the studio only releasing one theatrical film in North America in the period. Music sales were boosted by the renewed interest in Michael Jackson.
By Sam Nussey TOKYO, July 31 (Reuters) - Sony on Friday hiked its full-year operating profit forecast by 8% to 1.72 trillion yen ($10.72 billion), citing the strength of its gaming business. The Japanese conglomerate has received plaudits for its pivot to entertainment,
Sony Pictures Entertainment posted a sales decline for the June quarter, offset by growth at Crunchyroll, while Sony’s music segment saw revenue increase 21%. The PlayStation games unit had flat sales for the period and a 37% increase in operating income drive by U.
Sony also stands to gain financially from the decision, as it’ll earn 100% of the profits from sales of its first-party game. With physical sales of third-party PS5 games also coming to an end in 2028,
An AI-fueled supply crunch for memory and storage is driving up hardware prices across the gaming industry, but Sony says it has enough RAM to get it through this holiday season and into early 2027. What comes after that is anybody’s guess as the PlayStation 6 approaches amid an unprecedented economic landscape for gaming.