PlayStation maker Sony doesn’t have enough original franchises which it has “fostered from the beginning”.
That’s according to Sony chief financial officer Hiroki Totoki, who in the same week PlayStation announced it was pulling Concord from sale told the Financial Times: “We’re lacking the early phase (of IP) and that’s an issue for us.”
“One thing that you need is IP, that is step one,” Jefferies analyst Atul Goyal added in the same article. “And if you don’t start creating or buying in those that do, then the risk is someone else will do it. So the risk is not doing anything.”
