Friday, May 31, 2024

Sony says PS5 generated $106B in revenue in less than four years vs. PS4's $107B over seven years, PS5 in-game purchases spending up 176% over PS4, and more (Evgeny Obedkov/Game World Observer)

Evgeny Obedkov / Game World Observer:
Sony says PS5 generated $106B in revenue in less than four years vs. PS4's $107B over seven years, PS5 in-game purchases spending up 176% over PS4, and more  —  Sony has published its annual business briefing.  Here are the key takeaways about the performance of the PlayStation business and updates to the company's gaming strategy.



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Sources: Sony is in talks to acquire Kadokawa, the Japanese media powerhouse behind the Elden Ring game, in the coming weeks; Kadokawa had a ~$2.7B market cap (Reuters)

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