- Sony is now planning on acquiring more IPs in the future as a means to become an ‘entertainment trading house.’
- They already have a major stake in companies like Bandai Namco and FromSoftware.
- Expect the first-party PlayStation catalog to expand more in the near future.
Sony is making rapid advancements in the entertainment business to further expand, with rivals like Microsoft already surpassing Team Blue in terms of scale.
As an effort to grow, Sony is now set to acquire more IPs in the entertainment sector rather than creating their own. One company veteran has described this step as evolving into becoming an ‘entertainment trading house‘.
Why it matters: While Microsoft has been making big moves in the industry recently, Sony has been left behind and has fewer IP assets than its competitors. This decision will ensure that they remain competitive.
Nikkei Asia reports that Sony will acquire more IPs in the gaming, movies, anime, and other sectors beyond. Specifically for gaming, Sony already has a major stake in FromSoftware and Bandai Namco.
Now, they are eyeing the acquisition of IPs rather than shares to expand as a company. For starters, EA is now going private following a $55 billion buyout, which will leave the company with $20 billion in debt.
As such, EA could sell a few of its IPs to reimburse the debt. Several IPs could thrive in Sony’s leadership, starting from Dragon Age, Mass Effect, and more.
Other than that, WB Games is also another viable option following the discussion for its parent company’s merger with Paramount. Anyhow, it remains to be seen where Sony heads from here in the future.
Still, some of their own dormant IPs remain in deep slumber while Sony moves towards live-action adaptations of its gaming franchises.
Sony has decided to spin off its subsidiary, Sony Financial Group, with the existing shares now valued at approximately $9.5 billion and listed on the market. For years, the company has suffered from a ‘conglomerate discount,’ resulting in an overall share price that is less than that of its competitors.
What are your thoughts on this story? What IPs do you want to see Sony acquire in the future? Let us know in the comments below, or at the official Tech4Gamers Forums.
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[Staff Writer]
Shaheer is currently pursuing a Business degree while also working as a part-time Content Writer. With his deep passion for both writing and video games, he has seamlessly transitioned into a role as a Journalist. Over the past two years, Shaheer has contributed as a freelancer to various websites and landed positions on acclaimed platforms like Gamerant. Currently, his role at Tech4gamers is as a Features Writer, but he also covers News occasionally. Shaheer’s favorite gaming franchises are Assassin’s Creed and the God of War series.
Get In Touch: shaheerzahid03@gmail.com
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