Serious Questions Must Be Asked About PlayStation CEO Hermen Hulst After New Concord Report

Serious Questions Must Be Asked About PlayStation CEO Hermen Hulst After New Concord Report

As a seasoned gamer with decades of experience under my belt, I must admit that the latest news about Concord has left me utterly perplexed and somewhat disillusioned. Having witnessed countless gaming projects come and go, I’ve learned to spot a potential flop from a mile away – especially when it comes to budgets as astronomical as $400 million.


Today, a report about Concord emerged that, if accurate, casts doubt on Herman Hulst, current co-CEO of PlayStation. The source of this report, Colin Moriarty, is highly respected. According to the report, Concord allegedly cost $400 million, making it the most expensive game ever released under PlayStation. This would also imply that Sony suffered a $400 million loss on the game. If Firewalk Studios, the developers of the game, were to shut down as a result, Sony would have spent even more, as they had acquired the studio during the development of Concord. The exact amount spent on the studio is not disclosed, but it’s likely to be in the tens of millions, if not hundreds.

It’s not so shocking that the game failed, but rather how strongly PlayStation supported it, given their high expectations for Concord. According to the report, Sony saw Concord as the future of PlayStation and on par with Star Wars. They believed they could create numerous games and adaptations from it. However, what they ended up with was a game that was taken off the market just two weeks after its release. The gap between their predictions and actual outcome is astounding, even strange.

Upon unveiling Concord, it was evident that many astute gamers immediately sounded the warning bells, foreseeing its potential failure. However, it seems that the higher-ups at PlayStation thought they were crafting this console generation’s most promising new intellectual property. The disconnect here is staggeringly large, and it appears that, unfortunately for Sony, the main source of this disconnect lies with the individual recently promoted to co-CEO of PlayStation.

I had an extensive conversation with someone who was involved in the Concord project. It turns out to be far more problematic than one might initially assume. In fact, it was nicknamed “The Future of PlayStation,” boasting Star Wars-like potential. However, a work environment characterized by “toxic positivity” stifled any constructive criticism, leading to a hefty price tag of around $400 million.

— Colin Moriarty (@longislandviper) September 20, 2024

In May, prior to the Concord event, Sony elevated Hermen Hulst from head of PlayStation Studios to co-CEO of PlayStation. As head of PlayStation Studios, Hulst wasn’t just in charge of Concord‘s development; he was also a crucial figure in the studio’s acquisition. If the latest reports are accurate, Hulst, along with other top executives, strongly advocated for Concord. The game was even referred to as his “pet project.

The significance of this situation is clear, even to casual gamers like Joe Shmoe. One glimpse at the trailer was enough for them to predict the end of Concord, while Hulst, who led its development, believed it would shape the future of PlayStation. The gap between expectation and reality is immense. This isn’t merely a costly blunder on Hulst’s part; it’s an embarrassing one that raises doubts about his suitability for his previous role, let alone his new one.

Read More

2024-09-21 02:39