"Sony's Revised Strategy: No Major Franchise Titles Until 2025, PS5 Sales Forecast Slashed"

Sony Interactive Entertainment announced that it will not release any new major existing franchise titles for the PlayStation 5 before March 31, 2025, focusing instead on developing high-quality works and live service games. This decision excludes new intellectual property and non-major existing franchise titles. The company also anticipates a gradual decline in PlayStation 5 hardware sales and a slight decrease in profit from first-party software in the next fiscal year, while expecting third-party software sales to continue expanding.