Sony Will Aggressively Invest in First Party Studios This Year
It’s been no secret thatSonyis pumping all the money it can into supporting the PlayStation 5. Earlier this year, a report revealed that the company had spent$329 million on third-party deals alonethroughout the fiscal year and it certainly hasn’t been neglecting its first-party studios either. So it’s no surprise to hear the company say that it intends to continue doing exactly that for the forseeable future. During a conference call with investors, as transcribed by VGC,Sony’s chief financial officer Hiroki Totoki stated that the company, in order to enhance its software offerings, it will be “aggressively” investing in both its internal studios and third-party partnerships with other studios....