Sony Photos Boss Thinks PlayStation Studios Is ‘the New Progress Space’

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Sony Photos Chairman and CEO Tony Vinciquerra has stated that he believes the normal medium of movie and tv has “peaked,” and that Sony’s online game enterprise is “the brand new progress space.”

Vinciquerra made his remarks through the Financial institution Of America Merrill Lynch Media, Communications & Leisure Convention this month (transcribed by Video Video games Chronicle), the place he was requested if he anticipated any additional consolidation within the film business. In accordance with Vinciquerra, we’ll see extra mergers and acquisitions on the video video games facet going ahead.

I believe the normal medium of tv and movie has most likely peaked and the brand new progress space would be the video games enterprise, and who’s higher positioned than Sony for that enterprise? I do assume you’ll see some consolidation on that facet. You’ll most likely see just a little extra on our facet as effectively. I do assume there are most likely too many movie studios and also you would possibly see one or two much less over the following five-to-ten years. However I believe the following space of consolidation would be the video games enterprise.

Sony has repeatedly expressed its need to convey each leisure mediums collectively and is actively concerned in turning a few of its beloved first-party franchises into films and tv exhibits, together with The Final of Us, Twisted Steel, Ghost of Tsushima, and Uncharted. The corporate can also be in a novel place, which permits it to show properties like Marvel’s Spider-Man and and Marvel’s Wolverine into video video games for unique launch on PlayStation platforms.

So far as mergers and acquisitions go, Sony has acquired quite a few studios in latest months, and has plans so as to add extra groups to PlayStation Studios.

[Supply: VGC]





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