New and really good interview with PS Executive Eric Lempel:
SONY Sees ‘Really Strong’ Holiday For PlayStation 5 Sales. Spider-Man 2 a Big Reason.
PlayStation long ago figured out the secret to winning the console war: making the best videogames.
The game publisher now has another big winner with last week’s release of Marvel’s Spider-Man 2. The latest superhero title has received stellar reviews and become the fast-selling PlayStation Studios game in its history with more than 2.5 million copies sold in the first 24 hours.
The feat is notable as ‘Spider-Man 2’ is only available on the PlayStation 5 console, which is three years into its life cycle and has an installed base of about 40 million, still one third the size of its predecessor, the PS4.
SONY dominates the console videogame business. According to Ampere Analysis, PlayStation had 45% share of the global console gaming market in 2022, versus 27% for Microsoft and 28% for Nintendo.
Microsoft has used its weaker position as justification for a recent run of acquisitions. In 2022, Microsoft argued before regulators that it needed to acquire Activision Blizzard because it was far behind SONY in making “high-quality exclusive content,” citing key PlayStation franchises The Last of Us, Ghost of Tsushima, God of War, Spider-Man, and Uncharted.
SONY is known for cultivating its games across award-winning studios, including Naughty Dog, Santa Monica, Sucker Punch, Insomniac, and Guerrilla Games.
In a recent interview with Barron’s, SONY executive Eric Lempel shared his optimism about the holiday PlayStation sales outlook, and talked about how the publisher manages its game studios as well as the company’s strategy for its VR and subscription products.
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Enjoy full read
here with Q&A. (External)