PlayStation Showcase 2023: all the news from Sony’s big gaming event

Right now, Sony may be widely renowned for its ambitious single-player PlayStation games from franchises you’ve come to know and love — series like God of War, Horizon, and Spider-Man come to mind for me. But in just a few years, you might instead be playing a lot of new PlayStation franchises — and a lot of live service titles.

As part of a business presentation on Tuesday, Sony shared some updates about how it plans to invest in its its portfolio. In the 2025 fiscal year, for example, it estimates that 50 percent of its PlayStation Studios investments will be in new IP, which a major jump from years past: according to a slide, in its 2019 fiscal year, only 20 percent of its investments were in new franchises. And if you look at the slide, that 50 percent of investments in FY23 appears to as large — if not larger — than its entire spending in FY19.