Sony plans to ‘dump’ over $2.13 billion in financial resources into game research and development, according to a Nikkei article. That investment, which will reportedly be made before the conclusion of the current fiscal year (2024), will reportedly represent a stunning 40% of Sony’s total R&D expenditures.
Additionally, the Sony Group has stated a desire to change its business strategy to concentrate much more clearly on live service games, according to an article in Nikkei, noting that “Sony itself has yet to make a splash in live service games.”
Until sequels are produced, of course, PlayStation’s mainstay has been its impressive single-player exclusives, which have dominated marketplaces globe but don’t often have much-staying power. That’s in part what prompted Sony to step in and acquire Bungie in 2022 for $3.7 billion, realizing that the developers of Destiny might have something special to offer in the rapidly expanding live service game sector.
For the fiscal year that ends in March 2026, Sony intends to devote a startling 60% of all PlayStation 5 development funds to live service games alone, according to a report from Nikkei.com.
Another important objective was mentioned, which is to have twelve live service games in the PlayStation library by the end of the same period.
It was also mentioned that Sony Group has ambitions to enter the metaverse in a far more significant way, looking into ‘extended reality’ routes and using studios all over the world to advance research and development in the area.