Sony Aggressively Pursuing Entertainment Mergers and Acquisitions
Sony has been eyeing more acquisitions for PlayStation Studios
Totoki’s comments hardly come as a surprise. As Financial Times points out, the company has been on a spending spree for a number of years that saw the purchase of EMI Music Publishing for $2.3 billion and Crunchyroll for $1.2 billion. On the PlayStation front, Sony spent a whopping $3.6 billion to purchase Bungie.
“In order to expand our growth over the medium to longer term, we will need the ability to invest in image sensors and the entertainment business at a completely new level,” Totoki said last week. “Consolidation in entertainment has been happening and Sony doesn’t want to be left behind.”
Numerous analysts have theorized that should Microsoft’s purchase of Activision Blizzard go through, it’ll pave way for Sony to make more significant purchases within the games industry.
Posted:
Related Forum: PlayStation Forum
Source: https://www.playstationlifestyle.net/2023/05/23/sony-wants-more-playstation-studios-acquisitions/
Related Articles
Comments
Latest Downloads
- 01. What the Car?: SaveGame (Game completed 83%) [v15692787](0)
- 02. Fallout 2: SaveGame(0)
- 03. Ben and Ed: SaveGame (all levels open, bonus levels, Bencalypse)(0)
- 04. Double Dragon Gaiden: Rise Of The Dragons - SaveGame (100% completion)(1)
- 05. Metro: Last Light - SaveGame (to get the achievement Specialist)(0)
- 06. Frogun Encore: Game Save (The Game done 101%)(0)
- 07. Warhammer 40000 space marine 2 saves(12)
- 08. Lollipop Chainsaw RePOP: SaveGame (100%, everything is open)(0)
- 09. Dead Space 2 - Save Game (The Game done 100% on impossible difficulty) [1.1](1)
- 10. God of War: Ragnarok - SaveGame (near the dwarven shop, after the prologue, NG+)(3)
- 11. dead rising 2 case zero save xenia(1)
- 12. My Summer Car: SaveGame (Grandpa's Old Satsuma)(0)
- 13. WALL-E: Savegames (The game is 100% complete)(1)
- 14. S.T.A.L.K.E.R Shadow of Chernobyl - SaveGame (The Monolith's secret Quest) [1.0006](0)
- 15. Shadows of War 100% Percent complete - GAMES PASS(1)
Latest Tutorials
- 01. PS3 HEN - Audio via a USB headset.(119)
- 02. Stumble Guys | Social Butterfly Achievement(86)
- 03. Last Days of Lazarus Achievement Walkthrough (Xbox/PS)(1,335)
- 04. EDENGATE: The Edge of Life - 100% Trophy/Achievement Guide(1,642)
- 05. Sherlock Holmes Chapter One | Walkthrough | No Commentary(1,353)
- 06. Morbid: The Seven Acolytes | Full Game Walkthrough(2,092)
- 07. Adam Wolfe | Full Game Walkthrough | No Commentary(1,452)
- 08. ALFRED HITCHCOCK: VERTIGO - 100% Walkthrough(1,690)
- 09. SHERLOCK HOLMES THE AWAKENED | Walkthrough | No Commentary(1,201)
- 10. Space Roguelike Adventure | Guide - Cheat Code!(1,401)
- 11. DETECTIVE Stella Porta Case | Trophy & Achievement Guide(1,103)
- 12. Tunic 100% Platinum Walkthrough | Trophy & Achievement Guide(1,704)
- 13. Outbreak: The Nightmare Chronicles Achievement Walkthrough(1,360)
- 14. Full Void 100% - Trophy & Achievement Guide(1,306)
- 15. Outbreak: Lost Hope #Xbox Achievement Walkthrough(2,070)
"Sony Aggressively Pursuing Entertainment Mergers and Acquisitions" :: Login/Create an Account :: 2 comments