“We don’t have many franchises,” Sony executives’ statement angers gamers, what about the PS1 and PS2 licenses?

Game News “We don’t have many franchises,” Sony executives’ statement angers gamers, what about the PS1 and PS2 licenses?

The dream of hegemony

Would Sony lack exclusive products? That is what Kenichiro Yoshida, the head of the company, thinks in a speech Interview in the Financial Times Beginning of September.

Whether it’s games, movies or anime, we don’t have many intellectual properties that we’ve favored from the beginning – Kenichiro Yoshida

A violation that the CEO wants to fix with a $10 billion plan. According to Sony, this investment is necessary to compete against Netflix, Amazon or Apple. The Japanese company operates in several areas: music (Sony Music Entertainment), video games (PlayStation) and films (Sony Pictures Entertainment).

See PlayStation 5 Standard Edition on E.Leclerc

In the same article, Atul Goyal, financial analyst at Jefferies, explains: “ One thing that (a company like Sony, editor’s note) needs is intellectual property “. It is on this a priori essential point that Sony is focusing today: “We are already missing the first step (that of intellectual property) and this is a problem for us,” affirms Kenichiro Yoshida.

Sony is already a big player in the industry and wants to stay that way!

However, the Japanese company does not lack major licenses of its own. In terms of films, Ghostbusters and Venom are world-famous titles. As far as video games are concerned, PlayStation already has recognized licensesWe can cite The Last of Us, which, thanks to its success, was entitled to a series adaptation by HBO. Sony also has Uncharted, which was also adapted into a film in 2022. In music, Sony does not have to pale in the face of competition, as the company works with big names in the song field such as Lil Nas, Doja Cat or even 21 Savage.

What about all the beloved classic licenses that haven’t had a new entry in decades and have just sat on the shelves and been forgotten? Does that count as butter? – @Plasmaposting on X

A plan of attack

To consolidate its position in the entertainment sector, Sony also bought Crunchyroll, the famous anime streaming platform, from AT&T (American telecommunications company) in 2021.. And that’s not all. The company has also invested in the Unreal Engine developed by Epic Games, which is useful both as an engine for developing video games and for creating digital sets and visual effects in cinema. Sony explains that it is giving itself 10 years to “Project social change and technological development“ that he is striving for.