FD's Industry Tycoon

Sony's decision to stop producing physical video games is fueled by a desire to increase profits from a shrinking consumer base

Next year could be a grim one for Nintendo, Sony, and Microsoft, as console sales are expected to dramatically decline in 2027 by almost 20%. Thanks to component shortages, video game consoles like the Switch 2, PS5, and Xbox Series X|S have only gotten more expensive over time--a complete reversal of how systems used to get cheaper the longer they were on the market. According to a report from S&P Global Market Intelligence Kagan (via GamesIndustry.Biz), the math is simple: more expensive machines, fewer consumers able to buy them. The firm is predicting that console shipments will fall t

They’re calling it the biggest entertainment launch of all time – a record GTA VI is set to smash, currently held by none other than its own direct predecessor. It seems like a no-brainer that developers Rockstar and publisher Take Two will be popping champagne corks like a 21-gun salute come November, but will it be a party or a funeral? The only difference, after all, is context.GTA V remains one of the most expensive games ever made, with a combined development and marketing budget believed to be well over two-hundred and fifty million dollars, numbers already utterly eclipsed by GTA VI’s p

They’re calling it the biggest entertainment launch of all time – a record GTA VI is set to smash, currently held by none other than its own direct predecessor. It seems like a no-brainer that developers Rockstar and publisher Take Two will be popping champagne corks like a 21-gun salute come November, but will it be a party or a funeral? The only difference, after all, is context.GTA V remains one of the most expensive games ever made, with a combined development and marketing budget believed to be well over two-hundred and fifty million dollars, numbers already utterly eclipsed by GTA VI’s p

While promoting Sonic Pico Park, Takashi Iizuka made a surprising comparison to the success of Backrooms