Playstation 5 – Sony Spent $329 Million on Third-Party Publishing Partnerships for PS5
Sony’s quarterly securities report shows the company spent over $329 million on third-party publishing deals for PlayStation games.
Sony‘s recently filed quarterly securities report shows the company spent more than $329 million to secure third-party publishing deals for PlayStation platforms. The publisher’s commitment to third-party games was especially evident during the launch of PlayStation 5 late last year, since several PS5 exclusives weren’t from Sony’s stable of first-party studios.
Sumo Digital’s work on the PS4/PS5 title Sackboy: A Big Adventure counts as one example. The Demon’s Souls remake from Bluepoint Games serves as another, as does the console exclusivity of the Young Horses’ whacky Bugsnax adventure. Sony has a couple of noteworthy timed console exclusives lined up throughout the year as well, namely in the form of Deathloop from Arkane Lyon, which drops in May, and Tango Gamesworks’ Ghostwire Tokyo, an intriguing title that should roll out later in the year. Now it seems as though Sony could have a few more third-party surprises up its sleeve as the years wear on.
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PlayStation Universe took note of an interesting figure in Sony’s quarterly securities report, a figure that suggests the Japanese tech giant is paying top dollar for third-party partnerships in relation to its games division. In section 9 of the report, on page 45, Sony reveals that its Game & Networks Services “have entered into long-term contracts for the development, distribution and publishing of game software.” The brief blurb continues: “These contracts cover various periods mainly within seven years. As of December 31, 2020, these subsidiaries were committed to make payments of 34, 360 million yen under such contracts.“
This all indicates that between the start of this fiscal year, which began April 1, 2020, to the end of the December 2020, Sony committed a hefty sum to third-party partnerships. Apparently, the monies spent secured the company third-party exclusives for the next seven years. Such deals probably take things like the one-year exclusivity for Black Ops Cold War Zombies’ Onslaught mode into consideration, as well.
Of course, the $329 million mentioned above offers no insight into how much Sony is spending on projects from its own first-party groups. At the very least, fans know what to expect from the first-party stable for the next year or so. This year alone, PlayStation players can look forward to major releases such as Ratchet & Clank: Rift Apart, slated for June, Gran Turismo 7, and the eagerly-anticipated Horizon: Forbidden West. The next God of War adventure will supposedly launch sometime this calendar year, too, but chances are the Ragnarok-centric tale could be a 2022 release.
Next: Ratchet & Clank On PS5 Has An Option To Run At 60 Frames Per Second
Source: Sony, PlayStation Universe
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