Sony Intends to Invest $2.13 Billion in R&D for Live Service Games This Fiscal Year

That will account for 40% of the company's total research and development budget for the fiscal year, which ends March 31, 2024.

Posted By | On 13th, Jul. 2023

PlayStation logo

Having established PlayStation Studios as one of the leading names when it comes to delivering narrative-driven single player titles, Sony has now set its sights on also expanding into the live service space. The company has emphasized time and again that it will be looking to increase its output of ongoing multiplayer services in the years to come, and that, of course, has resulted in a great fiscal investment for their development as well.

In fact, as per a report published by Nikkei, Sony is set to invest 300 billion yen, which is roughly $2.13 billion, into research and development for live service titles over the course of the current fiscal year, which ends on March 31, 2024. That will account for as much as 40% of Sony’s entire R&D budget for the period. It’s also more than twice as much as the R&D budget for Sony’s entire gaming division in 2020 (144.5 billion yen).

Earlier this year, Sony revealed that following its acquisition, Bungie had been tapped up to lead a “rigorous portfolio review process” for Sony’s current and future live service titles. PlayStation Studios head Hermen Hulst has also said that the company’s live service games will target “different genres, different release schedules, and at different scales.”

Sony intends to release 12 live service titles between now and April 2026. A number of these were announced at a PlayStation Showcase earlier this year, including Bungie Marathon, Haven’s Fairgame$, and Firewalk’s Concord.

Guerrilla is also currently working on a co-op multiplayer Horizon game, while Naughty Dog is at work on a standalone multiplayer The Last of Us project. Recent reports, however, have claimed that the latter has been scaled down following an internal evaluation. SIE London Studio is also developing a fantasy co-op game for PS5. Meanwhile, leaks have claimed that Twisted Metal reboot is also in the works at Firesprite.


Tagged With: , ,

Amazing Articles You Might Want To Check Out!

Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

Kunitsu-Gami: Path of the Goddess Failed to Meet Capcom’s Sales Targets

Kunitsu-Gami: Path of the Goddess Failed to Meet Capcom’s Sales Targets

The publisher blamed the action strategy title underperforming in sales on "insufficient marketing" and "failu...

15 Amazing Horror Games with Stealth Mechanics

15 Amazing Horror Games with Stealth Mechanics

We will be taking a look at 15 of the best survival horror games that feature stealth mechanics which use them...

Microsoft Flight Simulator 2024’s Career Mode Includes a Difficulty Rating for Missions

Microsoft Flight Simulator 2024’s Career Mode Includes a Difficulty Rating for Missions

Missions with poor weather (among other factors) will be rated as more challenging, ensuring less-experienced ...

Albatroz Interview – Locations, Art Style, and More

Albatroz Interview – Locations, Art Style, and More

The developers of Albatroz speak with GamingBolt about their backpacking adventure RPG.

STALKER 2: Heart of Chornobyl – 10 Brand New Details You Need to Know

STALKER 2: Heart of Chornobyl – 10 Brand New Details You Need to Know

Brush up on more significant details ahead of the long-awaited open world horror shooter's imminent release.

Microsoft Flight Simulator 2024 – 10 Things You Must Know

Microsoft Flight Simulator 2024 – 10 Things You Must Know

Here are a few more important tidbits you should know about Microsoft's upcoming grand aircraft odyssey.