After Concord's Flop, Sony Admits Its Live-Service Plan 'Is Not Entirely Going Smoothly' but Says It Will Continue and Learn From Its Mistakes
GLOBAL, AUG 7 – Sony CFO Lin Tao said live-service games accounted for about 40% of first-party revenue last quarter despite cancellations and delays in several projects since 2022.
- Sony’s chief financial officer Lin Tao told investors the live-service model remains profitable, so the company won’t abandon it, despite setbacks and ongoing learning.
- Last year, Sony shut down Concord after poor performance and delayed Marathon this year, while canceling at least ten live-service projects at Bend Studio and Bluepoint Games.
- Sony revealed live-service revenue is steadily growing, contributing more than 40% of first-party revenue in Q1 of fiscal year 2025, driven by Helldivers 2, MLB The Show, Gran Turismo 7, and Destiny 2.
- In response to management issues, Sony is folding Bungie into PlayStation Studios, and Lin Tao reaffirmed that live-service investment remains a priority.
- Moving forward, Marathon remains on track for release by March 31, 2026, and Fairgame$ has been pushed to 2026, positioning it as a key pillar of Sony’s live-service slate.
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After Concord's flop, Sony admits its live-service plan 'is not entirely going smoothly' but says it will continue and learn from its mistakes
Sony has admitted that its current live-service strategy "is not entirely going smoothly" following the disastrous launch of Concord.
Despite a long series of failures and cancellations, Sony continues to push its gaming strategy as a service, even though recognizing that the initiative, which began several years ago with Jim Ryan, has not gone exactly as planned. This was made clear by financial director Lin Tao during a question-and-answer session following the company's latest financial report, where he said: "It has not gone quite well. Concord was cancelled last year and …
Game Over for Concord, But Sony Won’t Back Down! - theGeek.games
PlayStation finally admits the truth: their most controversial idea has had “issues,” but Sony remains committed to live service games. Despite criticism, the team stands by the model, insisting it’s produced results they won’t walk away from. PlayStation’s history with games as a service is anything but smooth. The Japanese giant struck gold with Helldivers 2 (launching on Xbox Series on August 26), but Concord flopped hard and Marathon has b…
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