Sony Interactive Entertainment has announced that it has no plans to release new games from its most iconic series, including ‘God of War Ragnarok’ and ‘Marvel’s Spider-Man 2’. In the next fiscal year ending March 31, 2025.
(Read more: PlayStation 4: Is this console worth buying in 2024?).
The decision was announced during the presentation of financial results for the third quarter of fiscal 2023; This represents a 23.3 percent increase in the turnover of the video game business, reaching a figure of 19.67 billion euros.
Sony Group chairman Hiroki Totoki shared these predictions during the earnings report, saying that although the company is working on “important projects” They don’t have in mind launching new installments of their best-known franchise “in the next fiscal year.”
However, despite the lack of new releases in its flagship series, Sony may still offer news on other lesser-known epics in its catalogue.
(Continue reading: New features brought by the latest PlayStation 5 beta update).
Additionally, when it comes to ‘hardware’, Totoki noted that the PlayStation 5 has “entered the second half” of its lifecycle, meaning a gradual decline in sales is expected from the next fiscal year onwards.
(You might be interested in: Starfield, Indiana Jones and other exclusive Xbox games coming to PS5).
8.2 million PlayStation 5 consoles were sold in the third quarter of the current fiscal year; This figure was slightly below expectations. This caused a decrease in income The company’s share in this sector has increased in recent months.
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*This content was rewritten with the help of artificial intelligence, based on information from Europa Press, and reviewed by a journalist and editor.
Source: Exame
I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.
