PS5 is well-stocked, and demand is being met, says PlayStation CEO

PS5 is well-stocked, and demand is being met, says PlayStation CEO

Sony announces the remarkable achievement of selling 40 million PlayStation 5 consoles worldwide since its launch in 2020, despite the unprecedented challenges posed by the pandemic. In July 2021, just two years ago, Sony proudly declared the PS5 as the “fastest-selling console” in company history, reaching 10 million units sold within eight months of its …

Read more

PlayStation CEO Jim Ryan Holds Meeting with EU Antitrust Chief to Discuss Microsoft’s Acquisition of Activision

PlayStation CEO Jim Ryan Holds Meeting with EU Antitrust Chief to Discuss Microsoft’s Acquisition of Activision

Sony’s gaming chief, Jim Ryan, held a meeting with Margrethe Vestager, the EU antitrust chief, to discuss Microsoft’s monumental $69 billion bid for Activision Blizzard, the creators of Call of Duty. This meeting took place amidst the European Commission’s preparations to issue a warning to Microsoft regarding the potential anti-competitive consequences of this acquisition, which …

Read more

Jim Ryan, PlayStation Chief, Suggests Video Game Publishers Consider Xbox Game Pass to be Detrimental to Value

Jim Ryan, PlayStation Chief, Suggests Video Game Publishers Consider Xbox Game Pass to be Detrimental to Value

In his recent testimony during the trial involving Microsoft and the US FTC, PlayStation CEO Jim Ryan expressed his concerns about the value of Xbox Game Pass. Ryan claimed that video game publishers unanimously view Game Pass as “value destructive.” He mentioned that he had spoken with publishers whose games are available on the service …

Read more

The US FTC’s Motives to Block Microsoft’s Largest Acquisition Yet

The US FTC’s Motives to Block Microsoft’s Largest Acquisition Yet

The US Federal Trade Commission (FTC) has filed a lawsuit against Microsoft regarding its $69 billion acquisition of Activision, the maker of the popular video game franchise Call of Duty. The FTC is seeking a preliminary injunction that would temporarily halt the merger while the agency’s in-house court assesses its potential impact on competition in …

Read more