Sony Interactive Entertainment/PlayStation President & CEO Jim Ryan:
"We will do what we are doing right now, which is to become less reliant on 3rd Party games and 3rd Party royalties, and to make more 1st Party games. If we double our share of 1st Party games, which are more profitable than the 3rd Party royalty stream, it will bring down our reliance on 3rd Party games." "That is the single biggest thing, and one of the main reasons why we are embarking on M&A. I would like to point out that we are also growing our existing studios, increasing capabilities and their ability to output in various areas including live services. I feel like this part deserves a lot more attention than it currently gets. Large M&A gets all the headlines, but there is a lot going on, and growing your studios organically successfully is a smart thing to do."
Sony Interactive Entertainment/PlayStation President & CEO Jim Ryan On Gamepass:
If this is true it would also explain why third party don't want to put their classic games on NSO"I can say with a very high degree of certainty that Microsoft has tried the first path and it did not work at all. That has driven them to make the large acquisition. I talked to all the publishers, and they unanimously do not like Game Pass because it is value destructive, not only on an individual title-basis, but also or an industry level. The recent number of subscribers that Microsoft announced on January was 25 Million. I am sure everyone has their own views on this, but I personally was expecting a larger number given all the money they have spent. We have close to 50 Million PlayStation Plus subscribers. We believe we have a meaningful subscription service."