Not true, in the last 4-5 years they invested several billions on SIE: acquisitions, investments and englarging of their most teams.
Sony Group CEO (Kenichiro Yoshida) and President (Hiroki Totoki) don't care about hardware sales, market share or exclusives. They demand record profits year in, year out, and have no intention of reinvesting those profits in SIE.
Last year Yoshida said they plan to continue growing in the mid to long term. But for the current year they're being more conservative with acquisitions due to bad market conditions, and because they want to improve their profitability by waiting to end completing costs related to previous acquisitions going back to acquire.
They also will sell most of their banks division, probably will wait to get that cash to use it in gaming since mentioned plans to use it mostly on their entertainment divisions.
And well, SIE makes $25-30B per year in revenue and if each year only a small portion of it is left as profits it's because they reinvest most of it on making more games, hardware, accesories etc.
Sony would have more issues with regulators acquiring Take 2/CoD that MS had acquiring ABK/CoD because instead of being the last one of the race as was MS, Sony is the market leader in console hardware, console game sales and console game subs sales.With the way the EU regulators setup the Activision MS sale with ubisoft i dont think it would be an easy thing for Sony to do right now.
Sony need to get Take 2.
On top of that Take 2 would be too expensive for Sony: it would cost several dozens of billions.
And well, Sony doesn't need to aquire them because they already have all the games from them and won't move away (even if acquired by MS) because as happens with ABK or EA, PS is their main market and need it to make their AAA games profitable.
Here's the complete list of games announced for Switch 2:Nintendo lineup for the release of Switch 2 is looking crazy already.
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