Sony Interactive Entertainment plans to increase investment in first-party studios and make more exclusive deals with third-party studios.
Sony chief financial officer Hiroki Totoki said on a conference call announcing the company’s financial results that they would aggressively invest in studios within themselves, as well as continuing partnerships with outside studios.
Development staff and other costs at first-party studios will be increased by approximately 20 billion yen ($183 million) in the current fiscal year compared to the previous fiscal year.
Hiroki Totoki cited partnerships with third-party studios as examples of Haven, the new game studio founded by Jade Raymond, and Firewalk Studios, made up of former Destiny and Halo developers. Both studios are developing new IP for PlayStation.
Jim Ryan, president and CEO of Sony Interactive Entertainment, said last week, “We are quietly but steadily investing in high-quality games for PlayStation and will make sure the PlayStation 5 generation has more exclusive gaming than ever before.”
