Polygon: Sony's new three-year plan places its bets on PlayStation

[News Feed]

Sony has announced its new three-year plan to return the company to profitability after a series of losses, and it's focusing on its PlayStation consoles.

In a corporate meeting held today, Sony announced plans to give its divisions more autonomy in an attempt to reach 500 billion yen in earnings by the 2017 financial year.

The company will split its businesses into three categories: "Growth driver," "stable profit generator" and "area focusing on volatility management."

Sony's Game & Network Services business, which features PlayStation, will be categorized as a "growth driver." Sony now intends to expand the userbase of its console platform and PlayStation Network as part of this plan. Comparatively, its TV and Mobile Communications...

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[D-V-ANT]

Looks like they are going to double down on PlayStation as a brand

Sony to focus on PlayStation, could sell or spin off TV and smartphone divisions
http://www.vg247.com/2015/02/19/son...sell-or-spin-off-tv-and-smartphone-divisions/

They get out of smartphones and TV and pump some proper money into PS4 and PlayStation, I'm really excited to see what they can do.

 

[de3d1]

Man this is great news, I just hope it means even more games.

 

[menace-uk-]

Makes sense now that they have finally moved away from expensive and complicated hardware. Problem is, this is Sony, you watch them totally f*** it up next-gen.

As for their TV's...pulling out altogether seems r******d. Their issue with the TV market is out-pricing themselves. Their competitors pump out equal or better products for less money, all Sony need to do is lower consumer cost and that market would shift to "stable profit generator."

 

[TheGeneral]

putting all your eggs in one basket is nit a smart move

 

[D-V-ANT]

putting all your eggs in one basket is nit a smart move

They are hardly doing that. They still have a number of profitable businesses, including Sony MGM

 

[TDbank24]

Makes sense now that they have finally moved away from expensive and complicated hardware. Problem is, this is Sony, you watch them totally f*** it up next-gen.

As for their TV's...pulling out altogether seems r******d. Their issue with the TV market is out-pricing themselves. Their competitors pump out equal or better products for less money, all Sony need to do is lower consumer cost and that market would shift to "stable profit generator."

Always put your money on Sony. It's like betting against the Patriots. Don't do it, they always win. Last gen was a stroke of luck. Sony did everything they needed to do to win last gen with the PS3, they just didn't make it to the party on time. If the PS3 launches at the same time as the 360 without changing anything else, Sony wins again.

 

[menace-uk-]

Always put your money on Sony. It's like betting against the Patriots. Don't do it, they always win. Last gen was a stroke of luck. Sony did everything they needed to do to win last gen with the PS3, they just didn't make it to the party on time. If the PS3 launches at the same time as the 360 without changing anything else, Sony wins again.

Winning or losing this "war" isn't really what I meant. I was talking more about their decision making.