Nick Maguire, vice president of global services at Sony‘s (SONY) PlayStation, told GameFile that its PlayStation Plus subscription service is growing faster on PlayStation 5 than it did on PlayStation 4. “Engagement in Plus has never been higher than it is right now,” Maguire told Game File. “Our strategy of finding four or five independent day-and-date titles-and using that to complement our strategy of bringing games in when they’re 12, 18 months old or older-that balance for us is working really well across the platform,” Maguire said on adding games to the service on day one of their release, though the company maintains that it still won’t release its first-party titles on PS Plus immediately upon launch, as Microsoft (MSFT) does for Xbox Game Pass.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SONY:
- Morning News Wrap-Up: Wednesday’s Biggest Stock Market Stories!
- Sony Group Announces New RSU Grants to Enhance Employee Engagement
- Nintendo Stock (NTDOF) Rises on Death Stranding 2 Contribution
- Nintendo Stock (NTDOF) Jumps as Veteran Warns AAA Development Is ‘Becoming Unsustainable’
- Game On: Microsoft cuts Xbox staff amid AI push