Latest news with #Nishino
Hindustan Times
16-06-2025
- Business
- Hindustan Times
Will PS Plus prices go up? Sony hints at possible hike as premium tiers gain more subscribers
Sony has released a new report for investors, highlighting the growth of the PlayStation 5's market presence and the continued rise in PlayStation Plus subscribers. The PlayStation Plus service has been particularly successful in attracting users to its higher subscription tiers, and as a result, Sony is now considering raising prices for PS Plus "to maximize profitability." After the report was made public, Hideaki Nishino, president and CEO of Sony Interactive Entertainment, discussed the company's plans during a fireside chat. He confirmed that PlayStation Plus pricing is only expected to go up from here. Also Read: PlayStation 5's lifespan was accidentally revealed: Here's how long you have left before PS6 comes in "The PlayStation Plus service offers great value for our players, and we will continue to add more value and adjust our pricing strategy in a dynamic way to maximize profitability," Nishino said. At the moment, the Premium tier of PS Plus costs $160 per year in the US, while the Extra tier is priced at $135, and the Essential tier costs $80. Nishino's comments followed a presentation from Sony, which revealed that 38% of all PS Plus subscribers are currently subscribed to either the Premium or Extra tiers. The number of Extra tier subscribers has risen from 16% to 22% between Sony's 2022 and 2024 fiscal years. In the same period, Premium tier subscribers grew from 13% to 17%. Nishino also mentioned that Sony would "add more value" to PS Plus subscriptions to justify the potential price increase, though it's unclear what that will look like. Sony has so far avoided following Game Pass' model of launching AAA games on the service on day one. Last April, Sony raised PS Plus prices in several countries, though the US was not immediately affected. However, North American players may not be so fortunate next time.
NDTV
15-06-2025
- Entertainment
- NDTV
Is PlayStation 6 Under Production? Sony Teases Next-Gen Plans
Sony has confirmed that PlayStation 6 (PS6) is "top of mind" of developers as the company plans its new console offering. During a June 13 Fireside Chat, Sony Interactive Entertainment CEO and president Hideaki Nishino dropped the hint, making it the first time that the company admitted to PS5's successor. While PS5 was launched five years ago, Sony launched PS5 Pro in November last year with moderate improvements to gameplay. "Our console business has evolved into a multi-faceted platform, and we now have a large ecosystem of highly engaged players across both the PS5 and PS4 generations, so naturally therefore, there's a huge interest in our next generation console strategy," Mr Nishino said, as per IGN. "While we cannot share further details at this stage, the future of the platform is top of mind. We are committed to exploring a new and enhanced way for players to engage with our content and our services," he added. As for the future of gaming, particularly cloud gaming, Mr Nishino reaffirmed the importance of PlayStation consoles. "The business model for cloud gaming must be sustainable for the longer-term gross. Cloud gaming is progressing well from a technical standpoint, we have demonstrated with these offerings, but end-to-end network stability is not in our control. And the higher cost per playtime compared to the traditional console model remains a challenge," said Mr Nishino. "Cloud gaming is increasingly providing additional options for players to access content, but our belief is that the majority of players continue to want to experience gaming through local execution without dependency on local network conditions. And PS5 and PS5 Pro have validated this thesis, I believe." Social media reacts Reacting to the news of a potential PS6 in the works, social media users were divided, with some saying Sony had not provided enough PS5 exclusive games, while others said the console was still new. "PS5 has been out for less than 5 years, and now they wanna drop PS6???" said one user while another added: "PS5 has barely had any great PS5 ONLY games. It's been a remaster machine." A third commented: "Sony should seriously focus on bringing as many single-player titles as possible with PS6. No more remasters or live-service."
Yahoo
14-06-2025
- Entertainment
- Yahoo
Sony Teases PS6, PS5 ‘Multi-Generational' Plan
Sony Group held a business segment presentation earlier today, during which the company teased a 'multi-generational' plan for and . PlayStation CEO Hideaki Nishino pledged 'new and enhanced' ways for players to play games on both platforms. Nishino acknowledged that there's a lot of interest surrounding the PS6 already, and while he understandably couldn't divulge future plans, he did say that the upcoming console is 'top of mind' for Sony. However, seeing the high levels of engagement from PS4 players well beyond the launch of PS5, the company intends to disrupt traditional approach to console life cycles. What this essentially means is that unlike the switch from PS3 to PS4, the current generation validated Sony's new 'multi-generational' approach, and it plans to continue using that strategy going forward. 'We're still exploring what the future of our platform would look like,' added Sony Interactive Entertainment SVP Lynn Azar. 'We've reduced traditional cyclicality by establishing a large ecosystem of players across both the PS5 and PS4 generations. And as we continue to drive a multi-generational ecosystem into the future, we'll provide new ways for players to access the platform and experience our content and services.' PS6 is expected to launch by 2028 at the latest. The post Sony Teases PS6, PS5 'Multi-Generational' Plan appeared first on PlayStation LifeStyle.
Yahoo
14-06-2025
- Entertainment
- Yahoo
Sony Teases PS6, PS5 ‘Multi-Generational' Plan
Sony Group held a business segment presentation earlier today, during which the company teased a 'multi-generational' plan for and . PlayStation CEO Hideaki Nishino pledged 'new and enhanced' ways for players to play games on both platforms. Nishino acknowledged that there's a lot of interest surrounding the PS6 already, and while he understandably couldn't divulge future plans, he did say that the upcoming console is 'top of mind' for Sony. However, seeing the high levels of engagement from PS4 players well beyond the launch of PS5, the company intends to disrupt traditional approach to console life cycles. What this essentially means is that unlike the switch from PS3 to PS4, the current generation validated Sony's new 'multi-generational' approach, and it plans to continue using that strategy going forward. 'We're still exploring what the future of our platform would look like,' added Sony Interactive Entertainment SVP Lynn Azar. 'We've reduced traditional cyclicality by establishing a large ecosystem of players across both the PS5 and PS4 generations. And as we continue to drive a multi-generational ecosystem into the future, we'll provide new ways for players to access the platform and experience our content and services.' PS6 is expected to launch by 2028 at the latest. The post Sony Teases PS6, PS5 'Multi-Generational' Plan appeared first on PlayStation LifeStyle.
Yahoo
13-06-2025
- Entertainment
- Yahoo
Sony isn't worried about the Switch 2 being the fastest-selling piece of Nintendo hardware ever, because you need the PS5 for "a great experience on big screens"
When you buy through links on our articles, Future and its syndication partners may earn a commission. As you've no doubt noticed, the Nintendo Switch 2 is now available worldwide. The new console's arrival is sending ripples through the industry, but Sony isn't concerned, because the PlayStation 5 hardware is simply on another level. Hideaki Nishino, president and CEO of Sony Interactive Entertainment, was asked about Nintendo's latest system and whether there were any concerns about what it offers during a recent business segment meeting. He starts by mentioning that competition is good, and companies successfully launching products is good for everyone, before taking a more pointed stance. "We have a differentiated strategy. PS5 is designed for an immersive gaming experience, and this includes the innovative DualSense controller features as well," he says. "We believe PS5-level performance is required to achieve a great experience on big screens. And in this way, we have provided a unique offering for players and creators in this current console generation." In the face of increasing multi-platform releases, Nishino reiterates the goal of making the PS5 the finest option for creative teams looking to reach a wide audience. "We have empowered our creators to leverage our offering and services to create amazing, unique experiences for players with high engagement and great monetization opportunities," he explains. "We have done this consistently as the industry and competitive dynamics have evolved. And of course, PlayStation Studios, our franchises, have a special role in showcasing the PlayStation experience and then strengthening the player's vision with us." With the likes of God of War and The Last of Us, Sony has managed to maintain its exclusives remarkably well, breeding a particular kind of loyalty in the process. These games do court an older fanbase than the home of Super Mario and Zelda aims for, but Hermen Hulst, head of PlayStation Studios, believes they have something for everyone. "In addition to our franchises with more, I would call it 'multi-generational' fanbases, such as Marvel's Spider-Man, we also have franchises that appeal to a range of different player segments. Horizon is a good example, it's been very popular with female players, Astro Bot from our lovely Team Asobi in Tokyo, it's been a hit with children and adults alike," he explained. There are pros and cons to every machine and platform. There's still only one place you can play Mario Kart, and it's not where Kratos lives, but you're unlikely to see The Last of Us 3 anywhere near the Switch 2 either. Meanwhile, the Switch 2 is built with portability in mind, whereas the PS5 favors cinematic, at-home playing. It's all about finding what suits you. Where to buy Nintendo Switch 2: all the latest restocks as they happen
