Sony spares no expense in delivering exclusive content to its critically acclaimed PS5 console.
A recent quarterly safety report from Sony Corporation reveals how much money the company spends on publishing deals and partnerships for the PlayStation brand. This information can be found under section 9, which summarizes the topic “Liabilities, contingent liabilities and more.”
“Some subsidiaries in the Game & Network Services (” G&NS “) segment have entered into long-term contracts for the development, distribution and publication of gaming software,” the section states. “These contracts cover various periods, mainly within seven years. As of December 31
Simply put, this means that Sony has committed to spend approximately $ 329 million dollars on securing exclusive titles from development teams not owned by the technology giant. The huge amount of funds has already been paid out from April 1, 2020 to December 31, 2020. Recently released PS5 exclusives from non-Sony studios include Demon’s Souls (Bluepoint Games), Sackboy: A Big Adventure (Sumo Digital), and Destruction AllStars (Lucid Games). The upcoming release of Return also falls under that classification, with that game currently being developed by Housemarque.
As reported by PSU, Sony’s monumental spending budget does not include games made by first party studios, such as Naughty Dog and Sucker Punch Productions. These funds also do not count towards any exclusive third parties, for example Deathloop and Final Fantasy 16. Over the next seven years, Sony’s $ 329 million budget is also expected to support smaller AAA titles.
Although Sony is breaking up the bank to keep its PS5 platform thriving, the company acknowledged difficulties stemming from the current pandemic in its report. “The COVID-19 pandemic is adversely affecting the production, development, sales and distribution of the products and services in each of Sony’s business segments, and this negative effect is expected to continue in the future,” the company said.
While the PS5 made history by giving Sony the biggest console launch ever, non-owners have found it particularly difficult to secure one due to scalps. As far as good news goes, Ratchet & Clank: Rift Apart will be launched on Sony’s current hardware this summer. Future PS5 exclusives, for example Horizon Forbidden West, Gran Turismo 7, and God of War: Ragnarok, are all scheduled for a launch window for 2021.