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Sony Reportedly Halts PSVR2 Production As Headsets Fail To Sell
18.3.2024
The PlayStation VR2 is struggling, it seems. According to a March 17 Bloomberg report, Sony has paused of the PS5’s virtual reality headset after its initial supply has failed to pick up sales momentum, resulting in an overflow of unsold stock.Read more
Bummer: PS5 Entering 'The Latter Stage Of Its Life Cycle,' Sony Says
14.2.2024
Sony announced its third-quarter earnings on February 14, and they weren’t exactly full of glad tidings for PlayStation fans. For starters, the company revealed it doesn’t plan to release any new titles in its major franchises for the remainder of 2024. Sony execs also said that its current-gen...
Sony Raising Price Of All-Digital PS5 By $50
10.10.2023
Sony revealed the long-rumored “slim” models for the PlayStation 5, and while they are a lot lighter than the existing consoles, the specs haven’t really changed. What has changed is the price, however. The company announced the new all-digital PS5 will be priced at $450 instead of $400.Read more
Sony Suffers Two Hacks In Four Months, Thousands Of Employees' Info Exposed
5.10.2023
A week after an extortion group called Ransomed.vc claimed to have hacked into Sony’s systems and stolen 3.14GB of data, the company has admitted to a second security breach. This one occurred back in May and involved the personal data of nearly 6,791 current and former employees.Read more
Sony Bringing Horizon Show To Netflix And, Uh, A Gran Turismo Show To...Someone
26.5.2022
During a business briefing earlier today, Sony confirmed that it was working with Netflix and Amazon Prime to create TV shows based on God of War and Horizon. The company also confirmed a Gran Turismo show was in development. These shows join the growing list of video game TV shows that have been...
While Sony And Microsoft Acquire Studios, Nintendo Buys Land
12.4.2022
While the rest of the video game industry is consolidating, Nintendo is spreading out. The Switch manufacturer has finally responded to massive moves by competitors Sony and Microsoft by announcing a $39.8 million land deal to break ground on a new R&D office. Whatever it takes to finally port...
Sony Goes Big On Epic Games With Whopping $1 Billion Investment
11.4.2022
Epic Games recently announced an epic new wave of fundraising, notable both for the $2 billion it’s pulled in and for an eye-raising firm present among the leading partners: Sony. The makers of PlayStation VR have invested a cool $1 billion in Epic to further “the development of new digital...
Sony Cuts PlayStation Jobs Despite Growth
31.3.2022
Sony is cutting up to 90 jobs from its “merchandiser” and retail marketing teams as part of a “global transformation,” according to a new report by Axios. The layoffs come despite the continued growth of PlayStation thanks to the success of the PS5, and some employees were caught off guard by...