Sony Online Entertainment is planning on releasing their next two big titles onto the Xbox Platform and are expecting at least a 50% bump in profits with the move. But it’s not as insane as you think.
Sony Online Entertainment was recently bought out from under Sony by Columbus Nova, a private equity firm, and renamed Daybreak Game Co. The move has now allowed the previously first party studio to spread its wings and look towards the other consoles as an option to expand. And with two large games in development, the cult favourite H1Z1 and EverQuest Next, the future is looking bright for a once major player in the industry who has since fallen on harder times.
The first thing that happened when they split from Sony was to fire 140 people in an effort to trim costs and return the company to profitability. They aren’t yet saying if they’ve hit that mark yet but they do seem positiveabout the future.
“If you just take the numbers that the console publishers themselves have put out, you are talking about a 50 percent revenue lift,(publishing on Xbox One)” said Smedley. “It could be very significant.”
http://www.lazygamer.net/xbox-one/sony-online-entertainment-expects-big-profits-on-xbox-plans/
