Sony: major investments planned, new PS5 studios coming?

Sony: major investments planned, new PS5 studios coming?
Sony Interactive Entertainment recently published its latest annual report. This included not only information on the current sales figures for the PS5 or the current status of the subscriptions for PlayStation Plus. At the same time, the company gave a small outlook on plans for the near future. Above all, Sony wants to focus more on investments in the entertainment industry. In any case, the cash flow required for this seems to be available. The report states:

"We plan to use the excess cash flow from operating activities from this fiscal year as a source of future strategic investments. Investment opportunities, particularly in the entertainment segment, are steadily increasing. During the period of our next In the mid-range plan starting next fiscal year, we intend to invest more in growth than we did during the current mid-range plan. "

Recommended editorial content Here you will find external content from [PLATTFORM]. To protect your personal data, external integrations are only displayed if you confirm this by clicking on "Load all external content": Load all external content I consent to external content being displayed to me. This means that personal data is transmitted to third-party platforms. Read more about our privacy policy . External content More on this in our data protection declaration. Sony was unable to elicit more specific details about these investment plans in the annual report. Behind this, however, the takeovers of one or more development studios could be hiding. The company had already indicated its interest in further takeovers several times in the recent past. After all, the competition does not sleep in this regard: Both Microsoft and the Embracer Group have completed several and above all large takeovers in the past few months, so that Sony has been forced to act.

Source: Sony annual report

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