290°

Sony’s Game Division Is Doing Pretty Good

Brian Ashcraft of kotaku AU writes:
2009 was a rough year for many companies. Sony’s video game business is doing pretty good, though.
While Sony has not yet disclosed its financial results, the company does expect a slight dip in its forecast and has issued a revision for the financial year ending on March 31, 2010. Sales and operating revenue for Sony are expected to be down 1 percent from what was predicted this past February.

However! Sony’s Networked Products & Services division (video games and computers) is doing better than the company had originally expected.

Read Full Story >>
kotaku.com.au
Joule5124d ago

Its only gonna get better from here.

Redrum0595123d ago

It's been kick azz since 2008 and still keeping the momentum, as a matter of fact, they are not only keeping the momentum but they are constantly picking up the pace.
I can easily say that Sony knew what they have been doing from the start.

Redrum0595123d ago

Playstation3 computer entertainment system
nuff said :)

ALFAxD_CENTAURO5123d ago

The Survival Horror for Move enough said.

E46M35123d ago

how are they doing good?

Instead of making 1 billion usd loss for the year. They are expected to announce a loss of 440million usd.

So while its a good thing to announce less loss, however being in a loss is not a good thing.

Overall Sonys losses on the PS3 including the last year will be at 5.2 Billion USD. Sony needs to turn this around.

t8505123d ago (Edited 5123d ago )

Dam people actually disagreeing on the fact that Sony does need to turn this around.

Financial reports from Sony will be out on Thursday. They are expected to post a loss. I dont see what shareholder will be happy about it.

Overall this console gen has been hard on Sony and Microsoft with each of them being around 5billion usd in losses.

commodore645123d ago

Yeah, I agree, I would not call this good at all.

I had thought the loss for ps3 stood at $4.7 billion?
That 5.2 billion figure, where did you get that from?

It just makes me wonder how Kaz Hirai was stating that the ps3 was making overall profits, yet every quarter the ps3 losses rise?

So does that mean Sony has been losing money on the slim overall since release?

The evidence would certainly indicate this.

t8505123d ago

They are expected to announce further losses on thursday. Which amount to 440million USD.

Add those up to 4.7billion usd and about 5.2billion is what you end up with.

bunfighterii5123d ago (Edited 5123d ago )

I'm not exactly part of anybody's corporate cheer squad, but it's my job to monitor stocks and profit/loss forecasts....

I have no idea where you guys got your facts from because Sony Corp. is expected to post an operating profit up on expectations. Their gaming division is also posting a profit.

See the attached article:

http://www.reuters.com/arti...

t8505123d ago (Edited 5123d ago )

Those are profits for sony as a whole. Doesnt change the fact that Sony games division is expected to post a loss on this thursday.

http://www.nytimes.com/2010...

bunfighterii5123d ago

@ t850
There's nothing in that article suggesting its gaming division made a loss- if you read it says that they revised last years loss forecast due to stronger performance in consumer electronics which includes gaming in televisions.

commodore645123d ago (Edited 5123d ago )

@ bunfighter

The 4.7billion and 5.2 billion figures are referring to accumulated losses that Sony has incurred on the ps3 until now.
http://www.joystiq.com/2009...

Kudos to you for attempting some damage control.
It may be true that the ps3 is poised to post operating profits in the next quarterly report overall, but that doesn't change the underlying sunk cost.
For someone who purportedly looks at this stuff for a living, you seem to be missing a big chunk of the big picture.
No offence.

+ Show (4) more repliesLast reply 5123d ago
sikbeta5123d ago

IF we talk about Games, Sony is The Best, Game after Game, keep getting better and better, if we talk about money, I don't give a damn, I'm a Gamer, not a shareholder

*waiting for GT5 + LBP2*

+ Show (3) more repliesLast reply 5123d ago
Dylantalon15124d ago

i would like sony to buy insomniac game studios

RememberThe3575123d ago (Edited 5123d ago )

I'm sure Insomniac was given the opportunity to be bought the same way Naughty Dog was. I think Ted Price likes the fact that he can basically do what he wants :)

dc15123d ago

Yet,.. wait you're right.. In fact I agree with.
I wish the the best for Naughty Dog and Insomniac. They're fantastic developers.

Max Power5123d ago

I thought talon standed for talented?

Show all comments (40)
150°

Sony Patents To Prevent You From In-Game Harassment By Reading Your Emotions

A new patent recently published by Sony wants to gather biometric data of gamers to track whether one is being harassed using AI tools.

Profchaos25d ago (Edited 25d ago )

I hope this is one of those patents that never comes to fruition.

I already dislike the fact you can pay a significant amount for a online service buy associated games and content on said service and get banned from that service over potentially a misunderstanding the bans are already handed out for flimsy reasons

I'd rather see money invested in a ban that simply removes the offensive players ability to communicate with unknown players allow them to continue party chats with friends but not with Joe blow on cod.

exputers25d ago

Agreed. Blizzard recently banned a college Overwatch 2 player who's dependent for saying "shit." Pretty harsh.

Profchaos24d ago (Edited 24d ago )

How rediculas really. You can't say a word that's allowed in most PG films and prime time TV but the game is based around killing the enemy team using guns, explosives etc.

It's just backwards.

just_looken24d ago

What your talking about is called block list

In 2006 a spaceship dropped of the playstation 3/xbox 360 i say that that generation was the last great gen with game functions/tech that has yet to comeback

Anyhow the playstation 3 if you block listed a id they could not talk to you in chatroom with either text or voice. But that was pre mind fucked 2018 when people were more human than sheep.

But hey gta 6 is coming out billion dollar budget without a single player custom character creator and without singeplayer coop off/online something saints row 1-3 had on the xbox 360.

z2g25d ago

Take my social security and bank account numbers too! Here’s a picture of my wife and our address.

phoenixwing25d ago

Cmon where's the pictures of your children. Don't hold out on them.

H925d ago

At this rate I feel Sony will eventually sell a room to play games in it where they can monitor your every breath

jambola25d ago

I genuinely get a bit worried sometimes when a friend says something that could be offensive In a party
Because I have no trouble believing some bans would happen when in a private party for saying something wrong

SegaSaturn66925d ago

I want them to censor erotic content by measuring my groin temperature so i dont get too distracted while playing black ops 2.

Popsicle25d ago

Terrible idea. Not only do I not consent to providing my biometric data, the potential for mishandling biometric data is almost a certainty. Positive stress and negative stress can produce similar changes in biometrics. Interpreting the precise emotion a person is feeling is not only invasive but could be easily misconstrued. I hope this never comes to fruition.

Show all comments (14)
130°

Sony Could Increase Your Game's Difficulty If It Sees You Complain About It

Sony has recently published a new patent that wants to dynamically handle the games' difficulty and gameplay based on the player's emotions.

jznrpg25d ago

This is something I might use. Sometimes I play some good games but they don’t have difficulty option and are a little too easy.

Profchaos25d ago

Souls games will be like that players struggling make it harder

PassNextquestion25d ago (Edited 25d ago )

I think if used correctly it could work well

jambola25d ago

cool idea
cool idea for horror games especially
the way it's explained here sounds like it could never be forced hopefully, so that's ok with me

Show all comments (8)
280°

Sony Taps Bungie's Head of Revenue to Lead Live-Service Games

Sony has recruited Bungie's head of revenue Jaremy Rich to head up its live-service gaming division, Rich has announced on social media.

Read Full Story >>
techraptor.net
ChasterMies46d ago

Please do not put Destiny’s monetization into Sony’s first party games. The monetization is what’s driving players away from Destiny.

just_looken45d ago

The new temp boss is the sony cfo bean counter so i can see this being a thing get every penny.

Cacabunga45d ago

PlayStation officially losing it.. fans will never support gaas games

just_looken45d ago

@car

The new boss did a interview in japan he wants to tap into the mobile market like nintendio so he give 0 fucks about gamers/fans

https://www.pushsquare.com/...

Redemption-6445d ago

@Cacabunga
You only speak for you and those who think like you, but most fans will support what they want. Playstation and PC fans are literally supporting Helldivers 2 and that is a gaas. Maybe you wouldn't, but many more would if they like it.

Huey_My_D_Long45d ago

@Redemption-64
Look, Im not making any judgement calls about this guy, but I will say that Helldivers 2 GaaS model is unique to Helldivers, and legit the only other game I can think of thats similiar was the Avengers game except HD2 pass is still better.
The fact that you can earn in game currency in a way that doesnt make you feel like you have to grind forever, as well you being able work on that pass that you bought...on your own time without a time limit...that right there is fucking huge to me, and I can't name any game other than avengers that avoided trapping players with FOMO logic...I think GaaS on HD2 shouldn't be compared to the rest of the industry...it should be copied.

Einhander197245d ago

Cacabunga

Helldivers 2...

Redemption-64

In Europe it's a 60 40 split favoring PC.
In the US its a 60 40 split favoring PS5.

So PlayStation owners supported the game just fine, it's not getting carried by PC or anything like that.

FinalFantasyFanatic45d ago

@just_looken,
I'm perfectly fine with the way Nintendo entered the mobile market, I never touched their mobile games, meanwhile, the console/handheld stayed the way it is. As for being a bean counter, he's probably going to reel in these massive budgets that Sony's studios have had lately, I haven't played Spiderman 2, but I cannot see how they almost tripled the budget for that game.

@Redemption-64,
That's an exception to the rule, I'm expecting a lot of these GAAS games from Sony to fail, to be fair, they only need a few to succeed, but I would have preferred that they put more of their resources into other types of games.

+ Show (3) more repliesLast reply 45d ago
DivineHand12545d ago

True their monetization is driving players away and at the same time, their decision to chop out content and convoluted systems is keeping new players away from the game.

Joe91345d ago

I don't think that will happen based on how things worked out at Naughty Dog now that we know what we do, seems they had the option to fully commit to live service games or stay making single player experences so they gave up on their live service game. We are not sure how things came about with Bend making a live service game but I hope that was not a forced situation. Sony doesnt seem like they are forcing studios to switch up but we will see, Sony's bread and butter is single player games it is how they dominated the console market.

Obscure_Observer45d ago

Yeah, I though Sony learned something from all their failures in the LS segment under Bungie´s disastrous leadership and supervision which led to games been cancelled, studios closed and all the people laid off.

Looks like Bungie still plays a major role in Sony´s LS initiative and Sony is not backtracking on their GaaS plans.

S2Killinit45d ago (Edited 45d ago )

Are we forgetting that Destiny is also a highly successful franchise? I feel like that definitely deserves mention here.

Besides, there is no reason why a person cant learn from past experiences.

Joe91345d ago

I agree, people act as if Destiny flopped when it came out lol it took 9 to 10 years for the numbers to fall yet people are still playing it add the success of Helldivers 2 no wonder Sony is going forward down this path.

S2Killinit45d ago

Personally, I see no problem with Sony also having service games as long as they make good ones, and more importantly they deliver the AAA story driven games that they are known for. So yeah, I agree 100% with you.

+ Show (2) more repliesLast reply 45d ago
Christopher46d ago

I mean, this person made some pretty bad decisions at Bungie. I hope they've learned from them because I definitely don't see those type of ideas as good for PlaySation in general.

CrimsonWing6945d ago (Edited 45d ago )

Honestly, what’s to learn from? How to make people happily continuously dump money into a single game over its life-time? Buy season passes continuously for several years with a smile on our faces?

GaaS is a design decision that is everything wrong with this industry. The fact that Helldivers 2 did so well and people defend the monetization because it was $40 and is a fun game, scares the sh*t out of me to see that the door is open and all shift will probably be to replicate that in future games. We already know the ROI for traditional game dev cost isn’t doing it for them.

I thought with Jimbo leaving we’d see a change for the better… I’m not so sure now.

S2Killinit45d ago

Service games are being offered by everyone. Sony cannot afford to only create single player AAA games. No one can. They already said they will be doing both.

Abnor_Mal45d ago (Edited 45d ago )

Ps5 gamers in 2023 seemed to play more live service types of games, so regardless to how people feel about them, numbers don’t lie and Sony is going where the money is. I mean look at the excitement around Helldivers2, people are showing that they want live service games.

Christopher45d ago

They play long-time existing live service games like CoD, Fortnite, Apex Legends, Destiny 2, and the like. Mass majority of new live service games are considered failures and aren't moving gamers away from older games.

just_looken45d ago

Yep the huge issue with live service is they need paid players along with a reason to play them.

You forgot mobile market that also taps into that player base as well as the eve online style games there is only a certain amount of krakens/whales blind supporters compared to the amount of live service games we have its not sustainable math wise.

700 restaurants making food for every seat for 1000-3000 eaters just does not work out

Einhander197245d ago (Edited 45d ago )

Christopher

I am not a big live service fan and literally own zero of the games you listed, but that is not true, unless you call games that aren't the top games to be failures.

There are tons of live service games that are profitable.

Games don't have to be the biggest game ever they just need to make more than they cost.

I challenge you to show professionally prepared data that shows that more live service games fail than make enough to keep going.

Because all the data that I have seen shows that live service is less of a gamble than making a big AAA budget game which needs to survive off retail sales.

FinalFantasyFanatic45d ago

I sometimes wonder if we're at saturation point, where it's hard for a new game to join those ranks unless it's particularly exceptional, people only have so much time and money to devote to these types of games.

romulus2345d ago

Correction, they have no issue playing good live service games

shinoff218345d ago

Lol it's not even a quarter of the ps5s sold. Helldivers may have been a hit but let's not say most are enjoying it because truth is most(the real most ) don't care about it.

S2Killinit45d ago (Edited 45d ago )

I play what is fun. If a live service game is good I’ll play it as long as its not a money scheme which Helldivers is not.

And Im a single player gamer.

mastershredder45d ago

How do you kill a franchise that already been killed?
Destiny’s grind, cash-in-on-playbass-cha-Ching, and pop-culture-insertion mainstream-me-too bs totally killed any rep Bungie had. Sony/Bungie, if you are doing this to ward-off players, it’s already working.

crazyCoconuts45d ago

Headline truncated:
"... off a cliff"

Show all comments (43)