Gta 5 struck by lightning2/25/2023 ![]() “With PlayStation 5, we are making a significant leap to deliver a truly new generation of transformative play experiences that will redefine expectations for what games can be,” said Jim Ryan, president and CEO of SIE. All agreed that “COVID-19 has been a major tailwind for the industry across all platforms (especially social multi-player games),” he wrote, adding that “store closures have accelerated the shift to digital downloads.”īefore the big push to release the PS5, Sony last fall announced the departure of Shawn Layden, head of Sony Worldwide Studios and overseer of PlayStation. ![]() In a note to clients Wednesday, UBS analyst Eric Sheridan said he interviewed leading video game experts in lieu of his annual conversations at E3. Microsoft also plans an updated model in its popular Xbox line, the Series X, which is also targeting the fourth quarter of the year. Video game publishers and platform companies have seen strong demand for their wares and a surge of spending and usage, similar to streaming. Like most other events, E3 had to be scuttled due to COVID-19. Normally in June, the video game industry descends on Los Angeles for the E3 trade show. ![]() ![]() Sony Pictures Entertainment Records $288M Q2 Profit Full-Year Forecast Upped To $950M ![]()
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