PlayStation Network Currently Generates Over $14 Billion In Sales

PlayStation Network currently generates over a staggering $14 billion in digital sales.

[Goozex]

Mind blowing!

[MastaMold]

Yea with this type of revenue could people start to realize and drop the topic of "Sony needs a Game pass. "

[TheGreatGazoo30]

That is what all the smart business people are saying "subscription models are a fad."

[Silly gameAr]

@TheGreatGazoo

They also said PS Now was a failure. You think all that money is coming from sub models alone?

[Bathyj]

The only industry where people on the losing side think the leaders should follow the losers. Sony's clearly fine doing what they've been doing for 25 years. Selling games like the industry has always done.

[Orchard]

@Bathyj "Sony's clearly fine doing what they've been doing for 25 years. Selling games like the industry has always done."

Gotta future proof. I'm sure Blockbuster folk said the same thing about Netflix when it first came on the scene. Business models and consumer expectations change over time.

[SullysCigar]

^ sure Orchard, Blockbuster is one example. Another might be Netflix losing subscribers to the point they're changing their policy and threatening their customers.

Netflix started off as good value, then was amazing as the content was great as well as the price, but now it's expensive compared to it's peers and has lost a load of content to them. Original content is mostly crap now and I'm betting a significant crash in users is coming for them late this year.

My point being? Gamepass and anything Sony may do along those lines may well face the same fate. There's nothing wrong with diversification, but you have to focus on your main money maker and people are lapping up PlayStation traditional model - for good reason.

[ABizzel1]

They don't "need GamePass" for financials. They needed the revamp to ensure consumer engagement, loyalty, and market share didn't shift in favor of Xbox due to the potential short-term / long-term success of GamePass.

This is why we have the new PS+. They don't need a direct GamePass competitor, they simply needed an easy to get into and well-marketed subscription service that offers a library of games for the more casual consumer since the core fanbase actually buys games on PS.

[BehindTheRows]

Exactly!

[Godmars290]

Though, aren't they getting a Game Pass. Just that theirs wont include day one major releases.

[MrNinosan]

@Godmars290
They had it for years, way before Gamepass was a thing.

[Obscure_Observer]

"Yea with this type of revenue could people start to realize and drop the topic of "Sony needs a Game pass"

Well, whether Sony needs a "Game Pass" I can´t tell but, I´m certain they can´t allow themselves to stay idle and not react to Xbox´s recent advances either. According to Newzoo´s latest report, Microsoft´s year-on-year growth is +9,6% vs Sony -2,3% vs Nintendo +1,9%.

https://venturebeat.com/wp-...

Also once the Activision/Blizzard acquisition is completed, Xbox is expected to become the second biggest company in gaming, right behind Tecent.

https://venturebeat.com/wp-...

https://www.gamesindustry.b...

That´s why Sony´s future investments will be more focused on subscription services, GaaS, Multiplatform, PC and Mobile. There are also rumors of a PS Plus launcher for PC coming soon.

Die hard PS fans might hate the direction that Sony is apparently following under Yoshida (CEO) and Ryan by making PS games and services "less exclusive". But inteligent and reasonable PS fans knows that Sony must do what they have to do if they intent to survive trillion dollar companies like Apple, Google, Amazon and Microsoft while continue and deliver high quality game and services.

[RickRoland]

“Gotta future proof. I'm sure Blockbuster folk said the same thing about Netflix when it first came on the scene. Business models and consumer expectations change over time.”

The difference here is overall convenience. You had to drive to the store and browse then purchase get a game/movie from them and drive home. You have free access from your house to browse and purchase on PS Network. If someone really wants a game and it is of quality and has great reviews they will buy it. Blockbuster lost to internet convenience, not pricing.

Over time subscription services get so large that the fees have to increase, making the value decrease…and as we have seen with sub services quality decreases also. Not everyone wants another monthly bill in their budget for 2-3 games a year they really want to play. A reliance on a sub service weens once you sift through the initial 3-6 months of library access. I know for myself that my gamepass subscription was much more amazing when I first got my series x than it is now 1 year later. At this point I’m just waiting for exclusives…which I wouldn’t mind purchasing without a monthly script because it’s a few games a year.

[BehindTheRows]

He knows that, he’s just on the “opposing view” because it’s PlayStation. If Xbox generated this much, and more than PlayStation, it’d be a whole different tune.

Truth is Sony has the winning model and should keep doing exactly what has won them generation(s).

[StormSnooper]

holly smokes

[1Victor]

But but but I was told that PS3 was Sony last console and Microsoft was going to buy them.
I want my money back from those damn cheap pact of Gypsies predictions 🤷🏿

[neutralgamer1992]

In fluffy's voice "DAMN"

PlayStation is universal brand. It sells in every country and the brand recognition is just on another level. I think it was like 2018 or 2019 when PlayStation generated more money than Xbox and Nintendo combined

MastaMold

Sony doesn't need GP because they have a huge library of games from their past generations that people can't wait to play again with trophy support. And they have been the best ever since launch of PS5. Game after game while as a Xbox series X owner I am playing the wait game. HFW, GT7, GOW, TOKYO Ghostwire and rumor has it TLOU remake will release this year too. While Ms have all the resources and not much AAA content

Hopefully 2023 is when Xbox can get on a steady schedule for releasing awesome games. Honestly this is the last straw if anything like this happens again than Phil has to and I do mean has to go. He can't be failing this badly with the amount of resources at his disposal

[Aloymetal]

''PlayStation is universal brand. It sells in every country and the brand recognition is just on another level. I think it was like 2018 or 2019 when PlayStation generated more money than Xbox and Nintendo combined''

You're absolutely right with both statements.!
https://www.pushsquare.com/...

[Eonjay]

I would like to point out that even though is evident that Sony doesn't 'need' GP, they are going to profit very handsomely from their own subscription and they are going to do it without compromising the revenue they get from their first party releases.

Sony Nintendo and Microsoft have worked together to enrich each other. Sony took PSNow, rebranded it to be like GamePass with it's catalog of newer games and then added in Nintendo's retro service. They deserve credit for taking some great aspects of their competitor's programs and making it work for their business.

[Flawlessmic]

Love to hear it, now keep giving us the usual AAA single player bangers, keep the gaas rubbish to a minimum.

[thesoftware730]

That's good money!

Playstation Network includes all digital purchases, DLC, MT, the monthly/ yearly fee, PSnow and any other paid service on the network.

120mill PS4 and 20 mill PS5, I'm not surprised.

Lol, why mention they don't need a GP service when they are actually doing a similar service come June. I would take that to mean they see more $$ coming from it.

I would surmises the other 2 systems generate in the billions for their digital services as well.

[SullysCigar]

"why mention they don't need a GP service"

Because they don't. It's called diversification. They're aiming to offer choices and the best of all worlds. To suggest they 'need' it, though, when they're taking profits like that would be plain wrong.

[thesoftware730]

Uh-huh, but who claimed they "needed" it?

Subscriptions services are what all gaming associated brands are doing, Amazon, Google, Nvidia, Ubisoft, EA, MS, Nintendo, Apple, and even Netflix.

Please stop with the "they are diversifying", spin nonsense. They all are, if you can purchase games in a multiple way on

[thesoftware730]

Uh-huh, but who claimed they "needed" it?

Subscription services are what all gaming associated brands are doing, Amazon, Google, Nvidia, Ubisoft, EA, MS, Nintendo, Apple, and even Netflix.

Please stop with the "they are diversifying", spin to make them sound different nonsense. They all are diversifying by definition, if you can purchase games and services in multiple ways on a platform then they are all giving diversifying options lol. Sony just like the rest of them sees money to be made.

You can buy, MS games on PC, Xbox, in a store, digitally or sub to GP...see diversifying. You can buy Nintendo games on Mobile, in a store, digitally or you can sub NSO..see diversifying. You can buy games, and 1000 different apps on IOS and android or you can sub and get them...diversifying. Sny is no different, their games selling well means nothing, Subs are industry standard and they are just now bolstering that specific dept. because GP and others popularity can't and shouldn't be ignored.

No need to make them sound like they are doing something special, they are simply moving in a well laid out direction as well.

****Sorry for the double post, had to tend to something***

[SullysCigar]

^ "Uh-huh, but who claimed they "needed" it?"

Well, you, when you said, "Lol, why mention they don't need a GP service", but it's no big deal.

By the same token, nowhere did I claim Sony is doing something different, nor did i employ spin. I'm sorry, I might not be the fight you're looking for. I'm just pointing out the situation, not comparing them to any other company.

[GamingSinceForever]

What Game Pass does is offer all 1st party and some 3rd party games day one. So no Sony doesn’t need to copy that. That is what was meant when people said that.

[thesoftware730]

The 14 billion is not from games alone, it is generated through ALL service sales and usage on the network, even movie streaming, HBO Max, Netflix, Spotify, 3rd party services in general, and yes the gaming division.

I get that it's making money, but the whole "no need for GP-like service", when they are indeed doing a GP-like service is pure worship and a pointless thing to say. Offering the 1st party games on day one has nothing to do with this, technically none of them have to do that, they just chose different directions with that one specific thing.

[GamingSinceForever]

Sony doesn’t need a GP like service, but that isn’t to say one wouldn’t be nice to have.

Anyone with common sense would love to have the option of playing Playstation games on day one at a monthly cost, however Sony in their current position doesn’t need to go there because they are still making a nice profit selling games at full price.

So no it isn’t worship, it is just stating the facts. They feel that giving away their games would dilute the quality.

[MrNinosan]

They had PSNow for years, they're just rebranding and cleaning it a bit.

[John_McClane]

I wonder how much of the money generated comes from their movie company?

[Deeeeznuuuts]

Separate division of Sony, so none.

[John_McClane]

@DeeeezNuuuts They sell their movies on psn don't they?

[P_Bomb]

They stopped selling movies/tv on PSN a while back.

[jBlakeeper]

Because the service they are releasing isn’t meant to compete with GamePass.

[BrainSyphoned]

Seems I've spent a little too much on Genshin Impact

[Aloymetal]

As expected.

[moriarty1889]

That’s quite a good day at the office.

[Eonjay]

And that's just digital revenue. Their total revenue for 2021 was $25 billion.

[StarkR3ality]

Why do people turn everything into a Xbox vs Playstation thing. Both companies are doing well, both are making money, both are being competitive.

Can't we just be happy that this probably provides us as the customers only benefits.

[Godmars290]

Good thing so long as its games. Not DLC, MTs and the like.

[Aloymetal]

Exactly! That's all that matters and that has been the norm since gaming was invented.

[gold_drake]

damn, thats alot. im not surprised tho

[Godmars290]

Know its - somewhat - off topic, MS paid about 70 billion for Activision and Bethesda, five times what Sony makes from their online sales a year, which only raises the question of how much MS makes off GP a year. How long its going to take them to earn back costs once they actually start earning back.

[Eonjay]

The answer came out to about 14 years to earn it back but it's nots going to take that long because Call of duty won't be console exclusive. Also Microsoft has to make sure that future Call of Duty a are well funded and continue to attract players.

[Pancit_Canton]

Playstation is the bread and butter of Sony. They cannot afford to be outperformed by Microsoft and Nintendo. Acquisition war are in full swing. They need more studios and games than ever.