Investment News
Sony launches Innovation Fund 4 as venture platform targets $534m in assets
The PlayStation company begins deploying capital from its latest fund, targeting high-growth startups
Company Profile
Sony
Accolades
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Settlement Reached
Sony and Tencent reach confidential settlement over Light of Motiram
The agreement brings an early close to Sony’s lawsuit alleging the game was a clone of the Horizon series
Legal Proceedings
Sony opposes Tencent's legal defence over alleged Horizon inspired game lawsuit
The company called Tencent’s defence “nonsense,” saying the damage from copying Horizon has already been done
Legal Proceedings
Tencent rejects Sony’s claim that Light of Motiram is a “slavish clone” of Horizon
The Level Infinite parent company argues Sony is trying to monopolise common genre elements
Sound Search
Sony AI and Audiokinetic launch AI-powered Similar Sound Search for Wwise
AI search in Wwise will allow sound designers to find and experiment with audio using text or reference sounds
Lawsuit
Sony sues Tencent over alleged copycat of Horizon game series
Monetary damages and a court order are being sought to stop IP infringement
New Partnerships
Sony acquires 2.5% stake in Bandai Namco
Sony expands Japanese IP footprint with 16m share Bandai Namco deal
Shares Synchrony
Trump tariffs hit Japanese games companies as shares in Nintendo, Sony, DeNA and Capcom fall
US president Donald Trump’s latest 20% tariff on Chinese imports to the US appear to be having a knock-on effect on shareholders’ confidence in Japanese game makers
New Partnerships
Sony’s Inzone pens multiyear deal to support Valorant Esports
Inzone will equip coach rooms, practice areas and more for teams to use and test the gear
Investment News
Sony becomes Kadokawa's largest Shareholder with $318m investment
Future partnerships will focus on joint investments, discovering new creators, and promoting media mixes of their IP
New Offerings
Sony is developing a handheld console to run PlayStation 5 games
The company could be eyeing a return to portable gaming after discontinuing the PS Vita and PSP
Union Support
Sony faces backlash from CWA over studio closures amid layoffs
The union says it plans "to raise the anti-competitive impacts of Sony's increasing monopoly with the appropriate antitrust regulators"
Closing Koi
Sony closes mobile studio Neon Koi
Neon Koi and Firewalk are both closing down as Sony prioritises games on a "pedigree" level
Jobs News
PlayStation names new CEOs Hermen Hulst and Hideaki Nishino
The duo replace Jim Ryan, who exited the company after 30 years
Gaming In Africa
Sony Innovation Fund backs Carry1st with strategic investment
The African gaming industry boasts over 200 million players and is projected to achieve a market size exceeding $1 billion in 2024
The Only Way Is Up
Investment in and around the games industry dropped by 79% in 2023
While in America it dropped 86%… But with profits and share prices on the increase, is the scene now set for a bounceback?
Partnership Power
Sony sets sights on mobile in strategic partnership with NCSoft
A strategic deal has been secured by CEOs Taekjin Kim and Jim Ryan
Acquiblizz
Microsoft's Xbox boss Phil Spencer sticks to Call of Duty non exclusivity promise
"We have no goal of somehow trying to use Call of Duty to get you to buy an Xbox console."
African Advancement
Sony Ventures to invest $10M via new fund for African startups
Fintech may be Africa’s biggest funding category, but Sony’s focus is on entertainment
Psgo
With Jim Ryan's exit approaching, could PlayStation's next CEO finally realise their mobile potential?
Could PlayStation finally go all-in with mobile?
Financials
Sony sees 6.8% drop in income for games but a rise in sales
Games income increased by 167bn yen despite other slim financial results
Deals
Deals Digest: July 2023's biggest deals at a glance
From Tencent’s acquisition spree to the latest moves in Web3, here are this month's biggest deals from around the mobile games world
Week That Was
Week in Views - What caught our eyes in the last seven days
The PocketGamer.biz team tackles big money and two stories, about cancelled development and story innovation, from Develop: Brighton this time around...
The Future Of Sony
Sony to invest $2 billion into extended reality research
The tech giant is aiming to take gaming to the next level
Strategy
Playstation rumoured to be seeking out partnerships in South Korea
Korea is another major hub for mobile despite speculations it is related to the company’s flagship console
Week That Was
Week in Views - What caught our eyes in the last seven days
The Pocketgamer.biz team take their pick of this weeks big news including new mobile platforms, app store invasions, celebrity developers and… Have you seen my $2bn? I could have sworn it was right here…
Head In The Cloud
What is Project Q? Sony’s latest handheld console revealed
Sony’s newest device was revealed at PlayStation Showcase 2023
Mobile X Console
Backbone and PlayStation bring the Backbone One peripheral to Android
The launch follows the release of Backbone One - PlayStation Edition for iOS
Showcase 2023
Sony teases push into live service and cross-platform publishing
The first information of future plans lands prior to tonight's PlayStation Showcase 2023 event
Holding Out For A Hero
Sony brings its Hero Project incubator program to India
The launch follows the program’s rollout in China
Acquiblizz
The UK’s Competition and Markets Authority blocks the Microsoft Activision Blizzard deal
Microsoft was unable to address the CMA’s concerns regarding how the deal would affect competitors in the cloud gaming space
Acquiblizz
Sony claims CMA narrowing scope of Microsoft’s acquisition of Activision Blizzard is “irrational”
The tech giant has been one of the deal’s biggest opponents
Sony Handheld
Is Sony going remote with its next handheld console?
Speculation is rife for what, if it happens, Sony’s new handheld gaming console will do
Acquiblizz
Microsoft's Activision Blizzard deal inches closer as the UK's CMA flips its decision
The authority has backtracked on its previous findings and is satisfied that the deal WON'T affect console competitors. But cloud gaming remains an issue
Acquiblizz
This week in the Microsoft x Activision Blizzard deal
All the latest in one place as the EU and CMA flip-flop opinions and a conclusion draws nearer
Playstation Mobile
PlayStation Mobile continues its hiring spree
The company has been making a concerted effort to break into the mobile space
Acquivision Blizzard
Microsoft, Activision, and Sony: The story so far
As the deal inches towards a conclusion Microsoft still face opposition in both the mobile and console spaces
Acquivision Blizzard
Microsoft may be winning the Activision war
A new decision by the FTC shows the tides may be turning in the tech giant’s favour
Loot Boxes
Austrian Court classifies loot boxes as gambling
The country’s court has issued a fine against Sony in a provisional ruling
Sony Acquisition
Sony reportedly eyeing up acquisition of Take-Two Interactive
The tech giant could be preparing to unleash the latest volley in its arms race with Microsoft
Acquivision Blizzard
Microsoft signs deals with Nvidia for Call of Duty on GeForce Now
The company announced the deal at a press briefing to discuss its acquisition of Activision Blizzard
Aquiblizz
Microsoft signs ten-year deal with Nintendo for Call of Duty
The agreement, announced by Microsoft's Brad Smith, will see the company commit to providing the game on Nintendo’s platforms
Releases
Little Big Planet spin-off Ultimate Sackboy is out now on mobile
Sony's endless runner comes to iOS and Android today
A Blizzard Of Accusations
Bobby Kotick, Microsoft, and Sony clash over Activision Blizzard acquisition
Activision Blizzard CEO Kotick is accusing Sony of sabotaging the Microsoft deal, while Sony is accusing Microsoft of harassment
Views Week
Week in Views - What caught our editorial eyes in the last seven days
The Pocketgamer.biz team take their pick of this weeks big news to talk big games moving to mobile, big money being made, and big trouble for some big names
Mobile Expansion
The Horizon franchise is reportedly eyeing a mobile debut
A job listing on Guerrilla Games’ website hints that the acclaimed series may be coming to mobile devices
Drake Star Review
Who were 2022's most strategic gaming investors?
Drake Star breaks down last year’s top gaming acquisitions. Who spent the smartest money in 2022? Find out here
New Acquisition
NetEase acquires Halo Infinite co-developer Skybox Labs
NetEase is continuing its expansion beyond mobile platforms
Acquivision Blizzard
CMA extends the deadline for Microsoft / Activision-Blizzard investigation
The group requires more time to decide if the UK should approve the deal
2022 Highlights
2022 In Review – November’s Best Bits
As the year draws to a close, we take a look back with our pick of the stories that shaped the last twelve months. Let's look back to November