PlayStation CEO Jim Ryan says more studio acquisitions are planned

nme.com:

Sony Interactive Entertainment CEO Jim Ryan has discussed the new PlayStation Plus tiers and further studio acquisitions.This comes from his guest spot on the latest Official PlayStation Podcast.

After the recent announcement of an overhaul to PlayStation Plus subscriptions, Ryan spoke about recent and future acquisitions.“We’re in a really good place with PlayStation Studios and have been for the past few years.

The critical success and the commercial success of the games that they’ve been making, that has given us permission to invest heavily in content creation,” Ryan said (via VGC).Ryan continued: “We’re growing our studios organically, and we’re growing through acquisition.

We acquired five studios during the course of 2021, we’re in discussions with Bungie, and we have more planned. This is getting us into a virtuous cycle where success begets success.”PlayStation’s recent acquisitions include Destiny 2 developer Bungie, Bluepoint Games, creator of Returnal Housemarque, Nixxes Software and Firesprite.PlayStation’s Plus service revamp includes a subscription tier that offers a Game Pass-like library of titles that can be downloaded and played at any time.