Jim Ryan: Last News

Sony is set to shut its London studio as part of cutting around 900 jobs in its PlayStation sector.

Jennifer Maas TV Business Writer PlayStation has a new CEO again — kind of. On Tuesday evening in the U.S. and the early hours of Wednesday in Tokyo, Sony Interactive Entertainment announced that Hideaki Nishino would be the sole CEO of the video game company, following less than a year of serving as CEO alongside Hermen Hulst.

Cynthia Littleton Business Editor Sony Corp. is shaking up its leadership ranks in Tokyo and San Mateo, elevating Hiroki Totoki to the top CEO post while Hideaki Nishino takes the reins of Sony Interactive Entertainment as the solo CEO of the unit that houses PlayStation.

Katcy Stephan Sony Group Corporation and Sony Interactive Entertainment (SIE), the company behind PlayStation, have announced their new leadership structure following the departure of CEO Jim Ryan. Effective June 1, 2024, Hideaki Nishino will be appointed CEO of SIE’s Platform Business Group, and Hermen Hulst will be appointed CEO of SIE’s Studio Business Group. Hiroki Totoki, who has been serving as interim CEO of SIE, will serve as Chairman of SIE in addition to his role as president, COO and CFO of Sony Group Corporation.

Sony said today it will let go about 900 people, or 8% of is global PlayStation headcount, the latest layoffs to hit the gaming industry.

Jennifer Maas TV Business Writer Sony‘s PlayStation has joined the long list of video game companies hit by layoffs in 2024. Approximately 900 Sony Interactive Entertainment employees, or 8% of PlayStation’s global workforce, will be impacted by the cuts, per outgoing-CEO Jim Ryan. Employees across the Americas, EMEA, Japan, and APAC regions will be affected and several studios, including PlayStation’s London studio, will shutter.

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 30 years with the PlayStation business.

Todd Spangler NY Digital Editor Jim Ryan, president and CEO of Sony Interactive Entertainment, is retiring next year after almost three decades with the company’s PlayStation business. Ryan will step down from the post in March 2024. Sony Group president, COO and CFO Hiroki Totoki will assume the role of chairman of Sony Interactive Entertainment effective October 2023.

Sony has confirmed that it won’t share any PS6 details with Activision Blizzard if Microsoft successfully purchases the company.Speaking to the US Federal Trade Commission (via Eurogamer) PlayStation boss Jim Ryan confirmed that it would not take the risk of sharing console details with its competitor.“[Sony] simply could not run the risk of a company that was owned by a direct competitor having access to that information,” he explained.His comments were received by the FTC in April after he was quizzed about statements submitted by Sony that explain the company’s position on Microsoft’s acquisition of Activision Blizzard.In an FTC v MS/ABK deposition, PlayStation chief Jim Ryan said that, if deal closes, Sony couldn't tell Activision about its next consoleIs then asked about Sony working with Mojang (Minecraft) after MS bought them.

Jennifer Maas TV Business Writer PlayStation has struck a deal to acquire game developer Firewalk Studios from ProbablyMonsters Inc, Sony Interactive Entertainment announced Thursday. Firewalk, which is currently developing an untitled AAA multiplayer game for Playstation 5 and PC, will collaborate alongside PlayStation brands including Bungie and Haven Interactive Studios to create constantly updated “live service” games for PlayStation consumers. Firewalk marks the 20th studio to join PlayStation Studios. The Bellevue, Washington-based company’s day-to-day operations for its 150-person team will continue to be run by Firewalk’s management, in collaboration with PlayStation Studios External Development team.

A student at the University of Virginia has been arrested after allegedly shooting five people — three of whom died — in a horrific incident on the school’s Charlottesville campus late Sunday night.

EA CEO Andrew Wilson has shared that Call Of Duty becoming an Xbox-exclusive series would be a “tremendous opportunity” for EA’s Battlefield series.As Microsoft‘s acquisition of Activision Blizzard continues, the purchase has come under scrutiny over the possibility of Microsoft potentially making Call Of Duty an Xbox-exclusive. While Microsoft says it will continue to launch Call Of Duty on PlayStation, PlayStation CEO Jim Ryan has slammed Microsoft’s three-year offer as “inadequate on many levels.” Speaking at last week’s Communacopia + Technology conference (via Gamespot), Wilson addressed the speculation surrounding Call Of Duty‘s future.“In a world where there may be questions over the future of Call Of Duty and what platforms that might be on or might not be on, being platform agnostic and completely cross-platform with Battlefield, I think is a tremendous opportunity,” reflected Wilson.However, Wilson also acknowledged that EA’s latest Battlefield releases haven’t lived up to players’ expectations. “I don’t think we delivered in the last two iterations of that in the way that we should have,” said Wilson.

The mountains are as gorgeous as ever, the deal climate not so much as boutique investment bank Allen & Co. prepares to host its annual Sun Valley retreat. After guests arrive on Tuesday, official activities get under way Wednesday.

Jordan Moreau More Sony video games are getting the TV treatment, as president Jim Ryan revealed in an investor briefing on Thursday that popular PlayStation titles “Horizon Zero Dawn” and “Gran Turismo” are the latest games going Hollywood.The “Horizon Zero Dawn” series, based on the popular video games where robotic dinosaurs roam a post-apocalyptic America, is in development at Netflix, while “Gran Turismo,” a racing series, hasn’t landed a distributor yet.In addition to the new projects, Sony confirmed that the “God of War” series, which was first announced in March as being shopped around to Amazon, has landed at the Prime Video streamer.Sony and PlayStation Productions are ramping up their projects based on their popular video games, which was first kicked off with the “Uncharted” movie starring Tom Holland earlier this year. The next highly anticipated title is the “Last of Us” series coming to HBO, which stars Pedro Pascal and Bella Ramsey as the zombie apocalypse survivors Joel and Ellie.

PS1 and PSP games have been found on PlayStation Network (PSN) servers, providing an early look at some of the retro titles that may launch with Sony‘s revamped PlayStation Plus service.As datamined by Reddit user The_Andshrew (via VGC), artwork for five older PlayStation games have appeared on PSN’s backend servers.The games include Ridge Racers 2 for the PSP, and four other PS1 games – Mr Driller, Tekken 2, Worms Armageddon, and Worms World Party.While nothing’s been confirmed just yet, the datamine seems to provide an early look at some of the games that will launch as part of PlayStation Plus’ upcoming reshuffle. Earlier in the month, four Syphon Filter games received ratings for a PS4 and PS5 launch – though it’s unclear if these titles will appear as part of PlayStation Plus, or if something else is in the works.Back in March, Sony announced that the subscription-based service will undergo a significant rebrand.

Sony Interactive Entertainment CEO Jim Ryan has discussed the new PlayStation Plus tiers and further studio acquisitions.This comes from his guest spot on the latest Official PlayStation Podcast. After the recent announcement of an overhaul to PlayStation Plus subscriptions, Ryan spoke about recent and future acquisitions.“We’re in a really good place with PlayStation Studios and have been for the past few years.

PlayStation‘s online service offering, CEO Jim Ryan has explained why new console exclusives aren’t likely to come to the service on day one.Speaking to GamesIndustry.biz, Ryan explained that putting PlayStation’s own titles into services like these at launch is “not a road that we’ve gone down in the past. And it’s not a road that we’re going to go down with this new service.”Ryan explained: “We feel like we are in a good virtuous cycle with the studios, where the investment delivers success, which enables yet more investment, which delivers yet more success.

Sony released an earnings report that included details of its recent acquisition of Bungie that revealed employee retention plans.Sony revealed plans to purchase Destiny 2 creator Bungie for £2.6 billion earlier this week, and now an earning report says that a third of the money will be used for “deferred payments to employee shareholders, conditional upon their continued employment, and other retention incentives” (via TweakTown).The deferred payments are planned across multiple years once the acquisition is complete and aim to keep Bungie’s current staff at the company. Sony is prepared to use £582 million in deferred payments in the first two years after the deal completes.The acquisition was announced in a press release which revealed that Bungie would be an independent subsidiary of Sony Interactive Entertainment and run by its Board of Directors, chaired by Pete Parsons and Bungie’s current management team.“We’ve had a strong partnership with Bungie since the inception of the Destiny franchise, and I couldn’t be more thrilled to officially welcome the studio to the PlayStation family,” said Jim Ryan, President and CEO of Sony Interactive Entertainment.“This is an important step in our strategy to expand the reach of PlayStation to a much wider audience.” Ryan continued, “We understand how vital Bungie’s community is to the studio and look forward to supporting them as they remain independent and continue to grow.

Sony Interactive Entertainment‘s president and CEO Jim Ryan has stated that Bungie won’t be the only studio buyout.Following the announcement that Sony is buying the Destiny 2 developer for £2.6billion GBP, Jim Ryan spoke on the future of studio buyouts, saying that fans can expect more.Speaking in an interview with GamesIndustry, Ryan said, “These conversations have been a number of months in gestation, and certainly pre-date the activity that we have seen this year. From our perspective, this is really doing what feels right for PlayStation, and what we feel is the right thing to do to drive PlayStation to places we’ve never been before.”Meanwhile, Pete Parsons – the CEO of Bungie – added: “This had nothing to do with industry consolidation.

Destiny 2 players on non-PlayStation formats may have panicked today when Sony announced its acquisition of developer Bungie. Fear not though – the sci-fi shooter won’t be turning into a PlayStation exclusive any time soon.Following Sony’s shock purchase of Destiny 2 developer Bungie for £2.6billion today, questions immediately arose over the future exclusivity of the studio’s work.

Continuing the ongoing crush of gaming M&A, Sony Interactive Entertainment said it’s agreed to buy Bungie, an independent videogame developer and longtime Sony partner behind the Halo and Destiny franchises, for $3.6 billion.