Former Playstation boss reveals the dev cost of AAA games is almost double on PS5 compared to PS4

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On a recent Podcast, Shuhei Yoshida, who was head of President of Sony Interactive Entertainment Worldwide Studios from 2008 to 2019 and head of PS Indies from 2019 until this year, says that the jump from PS4 to PS5 has caused dev costs for AAA games to nearly double.

“I saw some analysis or estimate of one same franchise released during PS4 era and PS5 era generation double the budget,” Yoshida told the podcast. “And that has reached the point that we cannot recoup this investment.”

https://www.videogamer.com/news/ex-playstation-boss-reveals-aaa-publishers-arent-signing-as-many-games-as-the-jump-from-ps4-to-ps5-doubled-the-price-of-development-for-very-little-improvement/

Really puts into perspective the state of the AAA sector.