Sony Boss Says PlayStation Doesn’t Have Enough IP
For almost three decades, the PlayStation brand has thrived, hosting many prominent gaming figures on Sony’s consoles. Yet, according to Sony’s Chief Financial Officer, Hiroki Totoki, the company may not have adequately nurtured its own exclusive franchises. In a recent interview with the Financial Times, Totoki suggested that Sony has over-invested in intellectual properties (IP) belonging to other companies, instead of focusing more on expanding its own homegrown franchises. In his view, Sony’s portfolio lacks substantial self-owned properties and needs improvement