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Sony Just Reported A New Record-Breaking High Figure, But It's Unsurprising

Sony Just Reported A New Record-Breaking High Figure, But It's Unsurprising https://ift.tt/Tb0hMd8 Sony just presented its financial results for the fiscal year ending March 31, 2026, including the fact that the majority of PlayStation game sales are digital. Of course, this comes as no surprise since digital sales overtook physical between 2018 and 2019, in the PS4's midcycle. When the PlayStation 5 launched with an option to have no disc drive at all, it was evident the digital era had become king. Now, Sony has reported a record-breaking 85% of PlayStation game sales were digital in Q4 of its last full fiscal year. That's a 2% increase from 2024, where Q1 and Q4 reported 80% of sales were digital. Its sales in gaming overall remained "essentially flat," contributed to positively by the impact of foreign exchange rates, an increase in sales from network services, and an increase in sales of non-first-party titles. Continue Reading at GameSpot
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Sony Writes Off Another $565 Million Impairment Loss Against Bungie

Sony Writes Off Another $565 Million Impairment Loss Against Bungie https://ift.tt/KrdkTGD

After writing $204 million off Bungie's value in November last year, Sony has recorded another $565 million impairment loss against the studio--resulting in a total $769 million being wiped off Bungie's value in the last financial year.

While Sony gaming's FY2025 results are generally pretty strong considering the challenging market conditions, the company listed the $769 million loss against Bungie's value as the biggest negative factor impacting its operating income. The write down, which represents over 20% of the $3.6 billion Sony paid for Bungie back in 2022, doesn't look good for Bungie, or either of its ongoing titles.

The loss may turn out to be another nail in the coffin for Marathon, which has been slowly losing players since it launched in March. While the game has a small but loyal playerbase who appreciate its unique style and aesthetics, no one seems particularly optimistic about Marathon's longevity at the moment.

Continue Reading at GameSpot
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