The flood of Sony-related news keeps coming and so do the law suits. 2011 is shaping up to be the most financially challenging year Sony has ever had to endure. With record breaking problems such as earth quakes, cyber attacks, and lawsuits Sony faces years of setbacks to their leadership in the gaming console industry.
Mass Damage & Consumer Foundation in the Netherlands has filed a class action against Sony for inflating PlayStation Store prices.
My personal opinion:
Manufacturers and publishers have indeed inflated the industry.
From $700 million development costs for games like Call of Duty, to digital (store) prices for games and DLCs, online multiplayer fees on consoles (why can you play Helldivers 2 online for free on PC but not consoles?) or still preventing sell/lend digitally purchased games.
Sometime in the future, this bubble will collapse.
They should know better, but they just can't help themselves and suck even the last penny out of our wallets.
They should be suing the individual publishers increasing the prices to $80 instead of suing the store. There are plenty of publishers still selling game for like $50 with much success (like E33). But this proves that the publishers are the ones setting the prices.... so again nothing changes because they aren't even going after the main offender. How is suing Sony going to make Microsoft not charge $80 for the next COD? Sony being the number one store in the market doesn't mean that publisher have to charge us an arm and a leg. Again the industry is laughing at us because consumers never get real representation. Just these fake platitudes that are meaningless.
About time. There is zero fair reason why digitally distributed products that you cannot recoup any value when you want to dispose of them, should be priced higher than that of physical copies that entail all of the costs and the benefits of owning.
Sony CEO Hiroki Totoki and CFO Lin Tao talked about the state of the PlayStation business and the strategy and targets going forward, including how they're responding to the tariffs.
Sony announced its financial results for the fiscal year 2024, and things are certainly looking up, despite a decline in PS5 sales.
If their profits fall next quarter, we'll probably see more price hikes. I can't imagine having to pay £20 a month for PlayStation Plus.
Decline in hardware sales.
Behind on lifetime sales and decline in first party sales.
Third party content and PSN came through to save the day.
Things will improve starting with the next Ghost game.
Hopefully a steady flow of first party content by end of '25
E3 2011 will change that.
E3, will shut all the hates up. UC3 footage alone will succeed in doing so, let alone all the exclusives and Release date of NGP.
E3 can't get here soon enough it seems.
hard to say if it was more challenging than the release year. sony did a great job at digging themselves out of that hole, moving six hundred dollar consoles. they had alot to prove to gamers that year. now, this year japan suffered the earthquake and the hacks but most of the ps3 are standing with sony through that ordeal. hard to tell since we'll never have the real numbers on it all
Hopefully Sony can turn things around at E3 next month.