| PotentHerbs said: I wouldn't say that's good for PlayStation players or the brand. We essentially have to be prepared with losing even more third party games while Sony has to be prepared to be a publisher rather than a platform. I hope that's not the case. I can't find that reduction in any of the IR materials, but taking it as face value can mean many things, IMO: a.) Sony doesn't think massive consolidation will impact their position in the market (worst case, very alarming) b.) Sony doesn't want to make a major M&A move until they spin off their financial division c.) Sony is planning to acquire a publisher by the end of this FY, and this reduction in M&A for the next FY is because of that I think B is the most likely scenario. |
I wasn't able to find it. It's mentioned in this bloomberg article that I can't read.
https://www.bloomberg.com/news/articles/2023-11-09/sony-raises-annual-outlook-as-mobile-arena-emerges-from-downturn
Google shows me that the article includes this line:
>It plans to reduce gaming M&A next year by roughly 20%, he said Thursday. Sony reported a less-than-projected ¥263.01 billion operating
I've had the thought that it could mean C, or maybe something will happen beyond 2025/B.
A is kind of baffling, but I'm worried that SIE doesn't think they have to make any moves. I've generally been in favor of Sony buying up a number of solid developers.
