Sony Expects to Raise PlayStation Division Forecast for Current Fiscal Year

September 25, 2014 - GamePolitics Staff

PlayStation boss Andrew House tells Reuters that he hopes to raise the profit outlook for the current fiscal year of the division he's in charge of, thanks to strong PlayStation 4 sales and reduced hardware manufacturing costs.

In July, Sony increased its annual operating income forecast for the game division by 25 percent, from 20 billion yen to 25 billion yen (roughly $230 million).

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Sony: Nearly 700 Games Available for PlayStation TV At Launch

September 22, 2014 - GamePolitics Staff

Sony announced that almost 700 games will be available on PlayStation TV when it launches in Europe and North America later this year. The PlayStation TV is a micro-console originally made for Asia that allows streaming of PS4 games to another HD in your home, as well as select PS Vita, PSP, and PS One classic games.

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Sony Predicts $2.1 Billion FY 2015 Loss

September 17, 2014 - GamePolitics Staff

Sony announced today that, despite the PS4 selling so well, it still expects to report a net loss of 230 billion yen, or $2.1 billion, for the current fiscal year ending in March 2015. The scope and size of the net loss is a lot larger than what the company predicted back in July: it previously predicted a net loss of 50 billion yen, or $466m.

Sony is pinning this loss on impairment charges of 180 billion yen or $1.7 billion related to its struggling smartphone business

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PSN Continues To Suffer From Technical Issues

August 26, 2014 - GamePolitics Staff

The PlayStation Network continues to have connectivity problems today, but Sony says that it is working diligently to get the system back online and in working order.

Earlier today the official PlayStation Twitter account acknowledged that it was aware of issues with connecting to the PlayStation Network in North America and Europe and that it was working on it.

Sony did not explain what is causing the current issues that are causing problems for PlayStation 3, PlayStation 4, and PS Vita users trying to connect to PlayStation Network.

 

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Sony Shutting Down PlayStation Home in Japan Next Year

August 22, 2014 - GamePolitics Staff

Last year at about this time Sony decided to stop releasing new content for PlayStation Home in Japan. Now the company says that it will lay the virtual environment to rest in March of 2015. A translation of the message (as detailed by Joystiq) goes on to note that the PlayStation Home services maintained by Sony Computer Entertainment Europe and Sony Computer Entertainment America will be exempt from this eventual shutdown.

Sony first launched its virtual 3D MMO-like environment for the PlayStation 3 in August of 2008 in Japan.

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Sucker Punch Hit With Layoffs

August 20, 2014 - GamePolitics Staff

InFamous developer Sucker Punch has laid off an undetermined number of employees, according to what Sony Computer Entertainment America (the parent company of the studio), has told IGN UK.

SCEA would not give an exact number, but did confirm that there has been a "reduction in workforce." The company also did not disclose the reasoning behind the layoffs.

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Sony Cutting Price of PS3 in Japan, Phasing Out Some Models

August 18, 2014 - GamePolitics Staff

Sony is cutting the price of the PlayStation 3 in Japan and discontinuing some models, according to Siliconera.

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Sony: We Don't Need to Buy Exclusives

August 14, 2014 - GamePolitics Staff

Speaking to Computer & Video Games at Gamescom this week, PlayStation EU boss Jim Ryan said that Sony is not chasing third-party exclusives. With all the talk surrounding Rise of the Tomb Raider being a one year exclusive on Xbox One this week, it's not surprising that media outlets want to know what Sony thinks about the situation. The short answer is that it seems to be voicing a disinterest is securing third-party exclusives for PlayStation 4.

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Notes on Sony's PlayStation Gamescom Press Briefing

August 12, 2014 - GamePolitics Staff

Sony held its Gamescom PlayStation press briefing in Cologne, Germany today, detailing some of the games and new features coming to the PlayStation 4 this year and beyond into 2015.

Sony opened its Gamescom press briefing by revealing that the install base for PS4 has exceeded 10 million globally.

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Sony Sued Over 'Killzone: Shadow Fall' Graphics

August 7, 2014 - GamePolitics Staff

A class action lawsuit has been filed against Sony Computer Entertainment in California's Northern District Court accusing the company of falsely advertising that the PS4 launch title Killzone: Shadow Fall featured 1080p graphics. The lawsuit filed by plaintiff Douglas Ladore is seeking certification as a class and designating Ladore as the lead plaintiff in the case.

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Sony No Longer Supporting PlayStation Mobile for Android

August 6, 2014 - GamePolitics Staff

Sony is no longer mucking around with Android devices. The company announced today that it will no longer support releasing games on Android devices through its PlayStation Mobile initiative. Instead the company will put its focus back on PS Vita and its micro-console, the PS Vita TV.

The company launched PlayStation Mobile in 2012, allowing developers to publish games on the Vita without having to jump through the hoops of certification on that platform. It also allowed for publishing games to PlayStation-certified Android devices.

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Sony's PlayStation Now Goes Public Beta Today

July 31, 2014 - GamePolitics Staff

Sony's game rental service, PlayStation Now, will roll out in a public beta beginning today and games (100 of them will be available from 50 publishers) will be priced at $2.99 for four hours of play, $5.99 for seven days, $7.99 for 30 days, and $14.99 for 90 days.

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Sony Sees Record Profits From Games and Network Divisions

July 31, 2014 - GamePolitics Staff

Sony has reported record revenues for its latest quarter, thanks to brisk PlayStation 4 sales and profits from game-related network services. Sony's Game and Network Services division enjoyed sales of $2.55 billion for the three-month period that ended on June 30, 2014, a 95.7 percent increase when compared to the same period a year ago. All told, the games division made a profit of $43 million, compared to a $159 million loss in the same period a year ago.

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Sony Considering 'Early Access' Program for PS4

July 11, 2014 - GamePolitics Staff

Sony is thinking of adding an "early access" program similar to Steam's on the PS4, according to this Polygon report. Speaking to Gamasutra, Sony's Adam Boyes said that the company has been having an internal conversation on how such a system would work on PS4.

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Sony Video Claims '100 Million' PS3, PS4, and PS Vita Consoles Sold To-Date

July 10, 2014 - GamePolitics Staff

If you put all the sales for your most recent consoles together it looks pretty impressive. That's what Sony did revealed via a new promotional video that it has sold 100 million PS3, PS4, and PS Vita systems to-date, collectively. Of course the lion's share of that number belongs to the PS3, which has sold 80 million units since its release many moons ago to November 2013.

In the past Sony said that - since its release in November of last year more than 7 million PS4 systems have been sold as of April 6.

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Sony to Roll Out PlayStation Now Beta on Select Sony TVs Next Week

June 25, 2014 - GamePolitics Staff

Sony will begin rolling out its PlayStation Now beta to select models of its smart TVs in the United States next week, the company announced today. Beginning June 30, owners of Sony 4K Ultra HDTV sets and select 1080p HDTVs will get access to the "Private Pilot Service."

The beta test for PlayStation Now on these select TVs will allow participants to play PlayStation 3 games on their television with no console required, though they will have to connect a DualShock 3 controller to the TV to play the streamed PS3 games.

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Baird Equity Research Highlights E3 Highs For Industry's Biggest Players

June 12, 2014 - GamePolitics Staff

Investment research firm Baird Equity Research has released a report related to E3, providing predications and opinions on the biggest players. One of the more interesting predictions is that Sony will preload digital copies of Bungie's Destiny and Blizzard's Diablo III beginning this fall. The firm says that this will be an optional thing for consumers. This "should drive higher sell-through for Activision, but at the cost of retail sales," the firm notes.

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Poll: Who Had the Best E3 Press Conference/Digital Event?

June 11, 2014 - Andrew Eisen

It's E3 week and Microsoft, Electronic Arts, Ubisoft, Sony and Nintendo are doing their damnedest to convince us to buy their stuff.

Earlier this week, Nintendo had a digital event announcing it's upcoming games while the other four hosted full press conferences.  Who had the best show?

If you need a refresher, you can read our recaps here: 

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Sony E3 Press Conference Addendums: Glacier White PS4 and PlayStation Now Pricing

June 10, 2014 - GamePolitics Staff

After last night's press conference Sony released further information on the Glacier White PlayStation 4 and pricing on games available on its PlayStation Now service. Sony said that the special Glacier White edition of the 500GB PS4 console that will be bundled with Bungie's Destiny will cost $449. It will also come with a glacier white DualShock 4 controller, a copy of Destiny and a 30-day PlayStation Plus voucher.

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Sony E3 Press Briefing Report

June 10, 2014 - GamePolitics Staff

Prior to the launch of its two-hour E3 press conference, Sony released a trailer for Killzone: Shadowfall Intercept online. Intercept basically adds four-player coop to the game from Guerilla Games.

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PSA: E3 Press Conferences Begin Today

June 9, 2014 - GamePolitics Staff

Reminder: You can watch the biggest E3 press conferences on Twitch, starting at 9:30 am PST (that's 12:30 pm EST) with Microsoft's big E3 event.

Later today Electronic Arts will host its press conference, followed by Ubisoft, and then way later in the evening Sony will host its event for the show.

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Poll: Who Will Have the Biggest Gaffe During Its E3 Presentation?

June 6, 2014 - Andrew Eisen

The Electronics Entertainment Expo is next week and kicking it off is a round of press conferences where the biggest publishers will try and dazzle you with game announcements and spectacle in an attempt to win your dollars.

Of course, these presentations rarely go off without a hitch.  Everything from technical failures such as Nintendo's Skyward Sword demo from 2011 or EA's Battlefield 4 false start last year to horrible hosts such as "Mr. Caffeine" from Ubisoft's 2011 presser and Jamie Kennedy who MC'd Activision's show in 2007.

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Sony Will 'Rigorously Pursue' PS4 Sales

May 27, 2014 - GamePolitics Staff

Sony says that it plans to "rigorously pursue" PS4 sales - even if it is to the detriment of profits in the short term. The company's goal, according to Sony CEO Kaz Hirai, is to increase its installed base around the world. Hirai said that there is huge revenue potential that will come with expanding the reach of Sony's network.

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Sony: PS4 Hardware Sales 'Already Generating Profits'

May 23, 2014 - GamePolitics Staff

During a corporate strategy meeting this week (detailed in this document) Sony president and CEO Kazuo Hirai said that the PlayStation 4 is already profitable for Sony on a hardware unit basis.

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Report: Sony Execs to Take Pay Cut, Forgo Bonuses

May 13, 2014 - GamePolitics Staff

Prior to Sony reporting its consolidated results for the fiscal year ending March 31, CEO Kazuo Hirai and other executives will not be taking bonuses this year, according to the Wall Street Journal.

They may also take a 50 percent pay cut this year, according to the report. Sony's exit from the PC business as well as consumer disinterest in physical media such as DVDs and Blu-ray discs are the main reason for these reductions in pay and bonuses.

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SOE Highlights 'Landmark' Player Creations in New Video

May 2, 2014 - GamePolitcs Staff

Sony Online Entertainment has released a short video highlighting some of the things that players have been building and discovering in Landmark. Also, today SOE officially opened submissions for its "Landmarks of Landmark" competition, a challenge that offers the chance for some builders to have their creations prominently featured as permanent additions to the online game world. More details on that can be found here.

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Sony Forecasts a Net Loss of $1.3 Billion for Fiscal Year 2013

May 1, 2014 - GamePolitics Staff

Sony announced today that it expects to report a net loss of 130 billion yen ($1.3 billion) for the 12 month period that ended on March 31, 2014. That compares with a loss of 110 billion yen ($1.1 billion) forecast in February, a reduction from its October 2013 projection of a 30 billion yen ($294 million) profit. Sony won't report its consolidated results for the fiscal year until May 14, but it published a preliminary earnings report on Thursday to get investors prepared for the news.

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Sony Unloads Holdings in Square Enix

April 16, 2014 - GamePolitics Staff

Sony Computer Entertainment announced this morning that it has sold all of its holdings - its entire 9,520,000 shares - in Square Enix to SMBC Nikko Securities. An income of nearly 4.8bn yen will be marked down in Sony's financial report for the year ending 31st March 2015, with the exact sale price of the shares to be revealed tomorrow. Sony's annual financial report for the year ending March 31, 2014 will be released on May 14 and will likely contain a forecast for the year ahead that will include the sale of the shares.

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InFamous: Second Son Sells Over One Million Copies

April 11, 2014 - GamePolitics Staff

Sony and developer Sucker Punch are happy to announce that their first-party PlayStation 4 title InFamous: Second Son has sold through over 1 million digital and physical copies worldwide in its first nine days after launch. The super-hero/villain themed open-world action game is one of the first significant releases this year for the PlayStation 4, topping the digital charts on PlayStation Network in both North America and Europe, according to Sony.

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SOE: 'Landmark Player Studio' Support Launching in May

April 2, 2014 - GamePolitics Staff

Sony Online Entertainment announced that Player Studio support will begin for Landmark "on or before May 1." As part of the rollout, Player Studio creators in select regions outside of the United States will be able to submit in-game items across all Player Studio-supported games.

 
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NeenekoHeh. PoliSci tends to ruin the news. Kinda like how being a gamer tends to ruin mainstream game stories, any actual knowledge in a field highlights how poorly it is reported.09/30/2014 - 8:30am
MechaTama31Heh. I don't think you need a master's in politics to see that... ;)09/30/2014 - 7:32am
Matthew WilsonTrust me i read the same sites.I have a Master's in Applied Politics. I get to see through the spin both Left and Right that tend to be put on news stories.09/30/2014 - 1:02am
WymorenceI also have an extremely hard time in listening to people who froth at the mouth when the POTUS does something almost identical to the previous POTUS, but for some reason is subhuman for it this time around09/30/2014 - 12:43am
WymorenceThe problem is that opposing views are a good thing, but sites like Brietbart and their ilk are the exact opposite. 9/10 times they tweak the news to benefit their own views instead of just giving their own side of it.09/30/2014 - 12:41am
james_fudgeIf I were in a cult I might try and shut myself away from opposing views...09/29/2014 - 11:48pm
james_fudgeoh and Nate Silver and Politico too.09/29/2014 - 11:48pm
james_fudgeI read a lot of sites every day, Drudge, Breitbart, Huffpo, DailKOS, Red State, Fox, MSNBC, CNN and i'm not infected. Time for people to get thicker skins.09/29/2014 - 11:46pm
james_fudgeNeo_DrKefka: you do know you visited "one of those sites" when you posted that article, right?09/29/2014 - 11:44pm
E. Zachary KnightOcarina of Time done up in the Link to the Past engine? You know I would buy this day one if it were official. http://kotaku.com/fans-are-remaking-ocarina-of-time-in-2d-164059481909/29/2014 - 11:14pm
MaskedPixelantehttps://twitter.com/raymond03155046/status/516735796754522113 "We're fundraising for the group who helped our pets out in their time of need." "lol ur just doing this for the money get over your cat."09/29/2014 - 9:26pm
MechaTama31https://www.humblebundle.com/store/p/dontmove_storefront <-- This looks like it might be the most incredible dollar I'll ever spend.09/29/2014 - 9:12pm
Matthew WilsonI agree. the same for MSNBC as well. both of them can go away, but like it or not its a free market and fox news make allot of money sadly.09/29/2014 - 7:46pm
quiknkoldI'm an independent voter. Vote Blue and Red. so I dont really visit any specific news sites(Though I know FoxNews can take a flying leap off a bridge)09/29/2014 - 7:02pm
quiknkoldFactcheck.org. there you go. neither left or right. straight down the center.09/29/2014 - 7:01pm
Craig R.When a website's tinfoil isn't enough, add your own!09/29/2014 - 6:32pm
Andrew EisenWe used to have a reader who constantly posted DailyKOS articles in the Shout box. I was amazed, not so much by the amazing and horrifically disingenuous spin the site put on these articles, but that our reader would add his own spin on top of it!09/29/2014 - 6:05pm
E. Zachary KnightYou do realize that DailyKOS is the Brietbart of the left wing agenda, right?09/29/2014 - 6:01pm
quiknkoldproblem with Breibart is, despite I totally agreeing with Nero's articles.....its freaking Breibart. Its not the best place int he world when it comes to trust. if DailyKos or think progress reported it....well...things would be better. but here we are.09/29/2014 - 6:00pm
Neo_DrKefkaAt this point I need to stop visiting certain sites. At least now I have a list of people and where they work where I need to avoid http://www.breitbart.com/Breitbart-London/2014/09/21/GameJournoPros-we-reveal-every-journalist-on-the-list09/29/2014 - 5:56pm
 

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