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| Sony hopes to reach 1 billion PlayStation Now subscribers |
Sony held a joint strategic meeting for the fiscal year ending March 31, 2022, and that meeting coincided with some people questioning whether the Japanese company could innovate as it had in the past.
Focusing on creativity, technology, the world and society, President, Director and CEO Kenichiro Yoshida (Kenichiro Yoshida) presented the company's strategy as an entertainment company from a long-term perspective and its goal is to harness the power of creativity and use of technology in the world. Full of emotions.
Sony presented its plans to investors and explained some of its initiatives, such as recent broadcast deals with Disney and Netflix and PS5 shortcomings.
The company's current goal is to increase the number of communities directly connected to Sony through devices or entertainment from 160 million to one billion.
The requested gaming platform is unsurprising as Sony has sold every PS5 platform it can make, and despite the shortage of semiconductor components, it expects sales to outpace this year. The following year, 14.80 million PS4s were sold. The start of the platform
Sony is ambitious when it comes to cloud subscriptions and gaming, and has stated that it has reached an agreement with development studio Haven. Since it is the largest direct-to-consumer platform, the company hopes to expand its stake through the PlayStation Network.
Sony hopes to increase the participation of the entire PlayStation Network by strengthening its game streaming service on the PlayStation Now cloud.
Sony intends to continue investing in or working with external studios and investing in in-house studios to improve its software products.
The CEO offered advice on ways to deal with Xbox Game Pass. With PlayStation Now recently upgrading its broadcast resolution from 720p to 1080p, it looks like we'll see more in the future.
Sony has announced that it will spend 20 billion yen (about $ 184 million) to increase development, staff and other costs for its in-house studios.
Sony said: We are working to develop artificial intelligence technologies that can enrich the gaming experience and make it more interesting.