Bloomberg: Jim Ryan stepping down from PlayStation leadership

Now the question is... is it forced retirement ?

New Management Structure of Sony Interactive Entertainment

(September 28, 2023, Tokyo / September 27, San Mateo, CA) – Sony Group Corporation and Sony Interactive Entertainment (SIE) today announced that SIE President and CEO Jim Ryan has made the decision to retire in March 2024 after almost thirty years with the PlayStation business. To support Mr...
sonyinteractive.com sonyinteractive.com
 
  • Hmm
Reactions: karmakid
Finally. Let's bring in someone that can run this thing.
 
DriedMangoes said:
Now the question is... is it forced retirement ?

New Management Structure of Sony Interactive Entertainment

(September 28, 2023, Tokyo / September 27, San Mateo, CA) – Sony Group Corporation and Sony Interactive Entertainment (SIE) today announced that SIE President and CEO Jim Ryan has made the decision to retire in March 2024 after almost thirty years with the PlayStation business. To support Mr...
sonyinteractive.com sonyinteractive.com
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Absolutely not. Jim Ryan has overseen one of the most profitable periods in the history of Playstation. He's earned his retirement.
 
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Kvally said:
Finally. Let's bring in someone that can run this thing.
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  • Scared
  • Haha
  • Yuck
Reactions: Viktor, DriedMangoes, Kvally and 1 other person
I believe him when he says it's hard to reconcile living in Europe and working in California, I was surprised when karmakid told me in another thread that Ryan worked out of the Northern CA office. He may not have always been the best PR person for the company but it's hard to argue that he hasn't done a good job while in that role, especially when you consider the unique circumstances that he had to deal with that during a console launch that none of the previous generation playstation execs had to deal with like covid.
 
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Reactions: Viktor
They both see that just focusing on consoles isn't the way to go.
Candy crush alone will get them the 69Bn back within a few years.
 
  • Agree
Reactions: Kvally
The Wolf King said:
They both see that just focusing on consoles isn't the way to go.
Candy crush alone will get them the 69Bn back within a few years.
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Candy crush makes a little over a billion a year in revenue not profit, of course I'm sure it's not that expensive to make but it won't just be a couple of years. They are taking on over 13k new employees as well as a lot of office buildings and other overhead, those costs will be significant and that's not even taking into account the $70 billion.

A/B's profit for the entire year of 2022 was under $7 billion, very good but in no way are they going to earn that money back in a couple of years especially if they start putting all of their new games in gamepass.
 
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Glad he's able to seemingly retire on his own terms and not like Iwata who seemingly worked himself to death while being sick.
 
I remember when PS fans said that Xbox would never make their money back on the 2.5 billion dollar purchase of Minecraft. They made it back in 1 year. COD, WoW and Candy Crush print money. MS will make it back in no time.
 
Kvally said:
I remember when PS fans said that Xbox would never make their money back on the 2.5 billion dollar purchase of Minecraft. They made it back in 1 year. COD, WoW and Candy Crush print money. MS will make it back in no time.
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Keep in mind that Activision has $13 billion in cash or cash equivalents, so we're already down to $56 billion to make up.
 
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