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PlayStation boss says investing in new IPs is “very risky”

Jim Ryan, CEO of Sony Interactive Entertainment, has opened up about the risks of developing brand new IPs, calling it “very risky”.

In an interview with GQ, Ryan talked candidly about Sony’s recent acquisitions and the risks involved in committing to a brand new project.

“We’ve invested a lot organically over the course of the PS4 generation, more than people realise. We’ve added Insomniac Games [Spider-Man Miles Morales’ developer] through acquisition. We’re making great games now and we certainly plan to continue making great games,” Ryan said (thanks, VG24/7).

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Jim Ryan, CEO of Sony Interactive Entertainment, has opened up about the risks of developing brand new IPs, calling it “very risky”.

In an interview with GQ, Ryan talked candidly about Sony’s recent acquisitions and the risks involved in committing to a brand new project.

“We’ve invested a lot organically over the course of the PS4 generation, more than people realise. We’ve added Insomniac Games [Spider-Man Miles Morales’ developer] through acquisition. We’re making great games now and we certainly plan to continue making great games,” Ryan said (thanks, VG24/7).

Read more

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