28 Apr 2021 10:13 AM +00:00

Sony Planning To 'Aggressively' Invest In Its First-Party Studios This Year

Fresh off of confirming its best-ever annual revenue and profit, Sony has confirmed that it will "aggressively" invest in its first-party studios during the current fiscal year.

The statement comes by way of an investor call (transcription via VGC) where Sony's CFO Hiroki Totoki confirmed that the company would invest in both first and third-party content.

Read More: PS5 Shipments Hit 7.8 Million Units, While PS4 Reaches 115.9 Million

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Sony Planning To 'Aggressively' Invest In Its First-Party Studios This Year

“We intend to increase development personnel and other in-house costs by approximately 20bn yen [$183m] year-on-year, as we further strengthen our in-house software,” Totoki explained

“To enhance our software offering, we intend to continue investing in partnering with external studios, in addition to aggressively investing in our in-house studios.”

“As I just mentioned, we aim to strengthen the PlayStation platform through actions such as the recently announced partnership with Haven Entertainment, which was established by Jade Raymond, creator of the famous game Assassin’s Creed."

“In our additional investment of Epic Games, along with the rest of the Sony group we will also work to enhance the social and platform capabilities of games.”

That follows Sony Interactive Entertainment CEO's Jim Ryan's statements last week, where he explained that the company had been "quietly but steadily investing in high-quality games for PlayStation", confirming their aim is to "make sure that the PS5 generation will have more dedicated software than ever before."