GamesCreed
  • Home
  • Platforms
    • PC
    • PlayStation 4
    • PlayStation 5
    • Xbox One
    • Xbox Series X
    • Nintendo Switch
    • Nintendo 3DS
    • VR
    • Mobile
  • News
  • Reviews
  • Blogs
  • Entertainment
  • Trending
Reading: The PlayStation Boss Says It Is Very Risky” To Invest In New IPs
Share
Font ResizerAa
GamesCreedGamesCreed
Search
  • GamesCreed | Video Games Reviews, News, Blogs and More.
  • Platforms
    • PC
    • PlayStation
    • Xbox
    • Nintendo
    • VR
    • Mobile
  • News
  • Reviews
  • Blogs
  • Entertainment
  • Trending
  • About Us
  • Terms Of Use
  • Contact Us
  • Advertising
Have an existing account? Sign In
NewsPlayStation 4PlayStation 5

The PlayStation Boss Says It Is Very Risky” To Invest In New IPs

Shimni Mim
Shimni Mim
Published on November 23, 2020
Share
3 Min Read
The PlayStation Boss Says It Is Very Risky" To Invest In New IPs, Playstation, Sony, News, GamesCreed
SHARE

“They cost more than $100m dollars to make these days.”

Jim Ryan, CEO of Sony Interactive Entertainment, has opened up about the dangers of creating pristine IPs, calling it “exceptionally dangerous”. In a meeting with GQ, Ryan spoke openly about Sony’s ongoing acquisitions and the dangers associated with focusing on a spic and span venture.

“We’ve invested a lot organically over the course of the PS4 generation, more than people realize. We’ve added Insomniac Games [Spider-Man Miles Morales’ developer] through acquisition. We’re making great games now and we certainly plan to continue making great games,” Ryan said. “The thing with those blockbuster games is that they need a box office release. They cost more than $100 million to make these days and in order to be able to do that and bring new IP to the market – which is a very risky thing and we did four times in the PS4 generation – you’ve got to have a box office release.”

Ryan additionally pondered how PlayStation figures out how to offset new IPs with new portions of effectively settled establishments, expressing Sony thinks “profoundly and cautiously” with regards to adjusting its portfolio. “We have a management organization that sits over the individual studios and one of the things that we look at a lot is the portfolio and we look at is the balance between new iterations of much-loved series such as God Of War or Uncharted and shaking things up with new ips such as Horizon Zero Dawn or Ghost Of Tsushima. We think about this very deeply and very carefully.”

Sony as of late affirmed that $70 PlayStation 5 games reflect expanded improvement costs. A representative for Sony said the value climb for a portion of its PS5 games is “intelligent of the developing improvement assets required for these driven games”, however that Sony is selling some PS5 dispatch titles for not as much as that, with the “greatest games” set at $70.

TAGGED:PlayStation 4PlayStation 5Sony
Share This Article
Facebook Email Print
Leave a Comment Leave a Comment

Trending Stories

Pipistrello and the Cursed Yoyo
ReviewsPC

Pipistrello and the Cursed Yoyo Review

June 8, 2025
Nintendo Switch 2, Investors, Stocks, News
NewsNintendo Switch

Nintendo Classics Rumor Hypes as DS & 3DS Games Return for Switch

October 17, 2025
Skygard-Arena
ReviewsPC

Skygard Arena Review

September 18, 2025
The Last of Us Season 2
NewsEntertainment

The Last of Us Season 2 Finale Flops: Viewership Drops Over 50%

May 28, 2025
Equinox Homecoming
ReviewsPC

Equinox: Homecoming Review [Early Access]

May 19, 2025
PS Plus
NewsPlayStation 5

PS Plus Surges Despite Price Hikes: Premium & Extra Tiers Lead the Charge

June 15, 2025
Yooka Replaylee
ReviewsNintendo Switch 2

Yooka-Replaylee Review 

October 14, 2025
Nintendo Switch 2, Investors, Stocks, News
Nintendo Switch 2

Nintendo’s Switch 2 is Attracting New Investors

August 12, 2025
Scar Lead Salvation
ReviewsPC

Scar-Lead Salvation Review

June 12, 2025
Lollipop-Chainsaw
NewsPC

Lollipop Chainsaw Rises Again: A Sequel Officially in the Works

July 26, 2025
Marathon
NewsPlayStation 5

Bungie’s Marathon Delayed Indefinitely Amid Backlash

June 19, 2025
Castle in the Sky
ReviewsAnimeEntertainment

Castle in the Sky (1986) Review

October 22, 2025
Hollow-Knight-Silksong
ReviewsPC

Hollow Knight: Silksong Review

September 7, 2025
Attack on titan
BlogsAnimeEntertainment

The Surprising Parallels Between Attack on Titan and One Piece

October 18, 2025

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Follow GamesCreed

Twitter Youtube Facebook Linkedin Pinterest 2a2Hi33M1G0ZFWp3MOAqiRJcBG2-svg critop

GamesCreed © 2024. All Rights Reserved.

  • About Us
  • Contact Us
  • Terms Of Use
  • Advertising
  • NoobFeed
  • CritOP
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?