PlayStation Showcase 2023: all the news from Sony’s big gaming event

At this point, Sony may be widely known for its ambitious single-player PlayStation games from franchises you’ve come to know and love – series like God of war, HorizonAnd Spider-Man occur to me. But in a few years you might be playing a lot of new PlayStation franchises – and a lot of live service titles.

As part of a company presentation on Tuesday, Sony shared some updates on how it plans to invest in its portfolio. In fiscal year 2025, for example, it estimates that 50 percent of its PlayStation Studios investment will be in new IP, which is a big jump from years past: According to a slide, in fiscal year 2019, only 20 percent of its investments were in new franchises. And if you look at the slide, that 50 percent of investment in FY23 appears to be as large – if not larger – than total spending in FY19.

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