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Kerotan on 30 June 2016
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Intrinsic said:
Kerotan said:
So Sony currently bringing in about $5m a year from this. They'd need to up that to around 1m subs for it to be really worth it which would bring in about $40m annually.

But I'd imagine they're targeting something like 10m subscribers which is 400m annually.

I don't get your math....

$30/month for basic service x 1M subs = $30M/month and $360M/year in total revenue.

10M subs = $3.6B/anum @ $30/month.

The tiers are $30, $35 and $50 (or so). 

Sorry I'm from Europe so this service isn't targeted at me and thus I've only glanced at news regarding it.  

 

I assumed it was 30$ a year not per month.  In that case this is better as they should be pulling in $40m a year already.  

 

So if they can get that up to 1m subs we're talking a $400m revenue business.  

 

They'd only need 5m subs to take in $2bn revenue annually.  If Sony manage this all properly,  between ps plus,  ps VUE and ps now they could be making absolute bank 5 years from now.  

 

This is why they absorbed the loses the ps3 brought and didn't exit the market like many predicted.