Sony stresses PlayStation user engagement as hardware sales taper off

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Gaming Platform,Hideaki Nishino,Gaming Sector

Japan's Sony on Thursday emphasised the strength of user engagement with its gaming platform as sales of the PlayStation 5 console taper off and companies in...

TOKYO - Japan's Sony on Thursday emphasised the strength of user engagement with its gaming platform as sales of the PlayStation 5 console taper off and companies in the sector look for recurring revenue.

Sony has restructured the management of the gaming business, whose weak margins have concerned investors, with Nishino to become CEO of its platform business group from next month.The conglomerate sees lower PS5 sales of 18 million units in the current financial year, after narrowly missing its revised target of 21 million units last year.

Live service games, which offer continuous, updated play, are being released in PS5 and PC versions simultaneously, said Herman Hulst, who will become CEO of the studio business group.

 

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