We can expect a lot of new IPs from PlayStation Studios in the future.
Apparently, the PlayStation VR2 sold way better than its predecessor in the weeks after it became available. During a business presentation, Sony has revealed (PDF) that it sold almost 600,000 PS VR2 units within its first six weeks of availability. That’s around 8 percent more than its PS VR sales for the same time window. As PushSquare notes, that number only covers sales until the beginning of April, so Sony has most likely already crossed the 600,000 threshold. Especially since the headset is now available at retailers after being exclusively sold for two months at Sony’s website.
In addition to announcing PS VR2’s successful launch, Sony has also shared some information on its future plans. Apparently, the company intends to put more and more money into developing new franchises for the PlayStation over the next few years. By fiscal year 2025, it’s aiming for a 50-50 split of PlayStation Studios investments’ between old and new IPs. Based on the graph it presented, it’s mostly been focusing on well-known franchises for the console, such as God of War and Horizon, these past years. In 2019, for instance, it only put 20 percent of its investments on the development of new properties. For fiscal year 2023, its focus is still on current IPs, though not by much: 40 percent of its PlayStation Studios investments will go towards new franchises.
One other area that Sony intends to put more money in is live service games like Destiny 2 and MLB: The Show. By fiscal year 2025, it expects 60 percent of its PS5 investments to go towards live services and 40 percent towards traditional games. Further, the company expects sales from add-on or downloadable content to keep growing in the future. Sony has also revealed that it expects the PS5 to overtake the PS4 on all key metrics very soon. It believes the PS5 would have more monthly active users playing more hours on the newer console by February 2024. To note, Sony sold more PS5 units than it predicted for fiscal year 2022 after it solved its supply chain crisis to release more consoles.
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