PlatformsPlayStationSony chairman says PlayStation’s studios are full of “great creative minds” but need to understand business betterWhen you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
PlatformsPlayStationSony chairman says PlayStation’s studios are full of “great creative minds” but need to understand business betterWhen you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
(Image credit: Sony)
Sony’s new chairman has been in his role for four months now, and his early impression is that PlayStation’s studios need to understand business a bit better.
Earlier this week, during an earnings call, Sony’s current chairman Hiroki Totoki - who will become the company’s interim CEO followingJim Ryan’s departurein April 2024 - discussed his initial impressions of the company after taking on his new role back in October 2023. Via a translator, Totoki mentioned that there was “room for improvement” in certain aspects of Sony, more specifically, “when it comes to the business.”
“I don’t think people understand that deeply,” Totoki continues, “I think that is the problem of the organization.” The chairman then goes on to praise the developers working in PlayStation’s studios: “People who work in the studios have very high motivation. They’re very highly motivated, they’re very good people, and they have great creative minds and knowledge of live streaming.”
“However, having said that,” the CEO adds, “when it comes to the business, I think there is room for improvement. And that’s to do with how to use money, the schedule of development, and how to fulfill one’s accountability towards development – those are my frank impressions.” Totoki then says that he will continue to meet with people across the business “so that we can find the right way to proceed.”
Elsewhere in the earnings call, the chairman revealed that thePS5 won’t get new “major existing franchise titles” before April 2025- so don’t expect any new games in the Marvel’s Spider-Man or God of War series any time soon. It was also revealed that thePS5 is already entering “its latter stage of life cycle.”
Find out what is on the way with ourupcoming PS5 gameslist.
Sign up to the GamesRadar+ Newsletter
Weekly digests, tales from the communities you love, and more
See more Playstation News
TOPICSSony
TOPICS
More about playstation"We were honouring Sonic’s holistic history which includes both designs": 13 years on, Takashi Iizuka reveals why Sonic Generations need twice the ‘hogsI’m fed up of pretending The Nightmare Before Christmas: Oogie’s Revenge isn’t a Christmas game, and a hauntingly good one at thatLatestSquid Game season 2 review: “Secures its place as one of the best shows on television right now"See more latest►
More about playstation"We were honouring Sonic’s holistic history which includes both designs”: 13 years on, Takashi Iizuka reveals why Sonic Generations need twice the ‘hogsI’m fed up of pretending The Nightmare Before Christmas: Oogie’s Revenge isn’t a Christmas game, and a hauntingly good one at thatLatestSquid Game season 2 review: “Secures its place as one of the best shows on television right now"See more latest►
More about playstation"We were honouring Sonic’s holistic history which includes both designs”: 13 years on, Takashi Iizuka reveals why Sonic Generations need twice the ‘hogsI’m fed up of pretending The Nightmare Before Christmas: Oogie’s Revenge isn’t a Christmas game, and a hauntingly good one at that
More about playstation
“We were honouring Sonic’s holistic history which includes both designs”: 13 years on, Takashi Iizuka reveals why Sonic Generations need twice the ‘hogsI’m fed up of pretending The Nightmare Before Christmas: Oogie’s Revenge isn’t a Christmas game, and a hauntingly good one at that
“We were honouring Sonic’s holistic history which includes both designs”: 13 years on, Takashi Iizuka reveals why Sonic Generations need twice the ‘hogs
“We were honouring Sonic’s holistic history which includes both designs”: 13 years on, Takashi Iizuka reveals why Sonic Generations need twice the ‘hogs
I’m fed up of pretending The Nightmare Before Christmas: Oogie’s Revenge isn’t a Christmas game, and a hauntingly good one at that
I’m fed up of pretending The Nightmare Before Christmas: Oogie’s Revenge isn’t a Christmas game, and a hauntingly good one at that
LatestSquid Game season 2 review: “Secures its place as one of the best shows on television right now"See more latest►
Latest
Squid Game season 2 review: “Secures its place as one of the best shows on television right now”
Squid Game season 2 review: “Secures its place as one of the best shows on television right now”
Squid Game season 2 review: “Secures its place as one of the best shows on television right now”
See more latest►
Most PopularOne of Sonic 3’s writers threatens us with a good time in a future movie: “We gotta get Big the Cat in there in some capacity"This nifty gadget turns any M.2 SSD into a portable drive, but it’s great for when you’re upgrading your PC tooLeague of Legends co-creator responds to report that Arcane was a “financial miss,” says “people think we make things like Arcane to sell skins, when in reality we sell skins to make things like Arcane"After hours of number-crunching, one Marvel Rivals player has laid out the true meta – and Iron Fist’s ranking feels alarmingJames Gunn says his DC shows will likely stick to the “one episode a week” schedule moving forward: “It affords a quality show an opportunity to be discussed"Just two weeks after its theatrical release, Lord of the Ring: The War of Rohirrim is heading to digitalEscape the horrors of family time this holiday with Slitterhead’s first ever discountNosferatu should “feel like a love triangle” according to star Lily-Rose Depp, albeit a twisted oneYou might be ready for Elden Ring: Nightreign, but not as ready as this streamer who completed the RPG like it was a roguelike – 207 bosses, random items, and permadeathThe team behind the unofficial Zelda Ocarina of Time PC port just modernized another Nintendo 64 classic, and the original creator is “very happy” about itNosferatu’s Bill Skarsgård was so happy to shed the Orlok character when filming wrapped: “It was an immense sense of relief”
Most PopularOne of Sonic 3’s writers threatens us with a good time in a future movie: “We gotta get Big the Cat in there in some capacity"This nifty gadget turns any M.2 SSD into a portable drive, but it’s great for when you’re upgrading your PC tooLeague of Legends co-creator responds to report that Arcane was a “financial miss,” says “people think we make things like Arcane to sell skins, when in reality we sell skins to make things like Arcane"After hours of number-crunching, one Marvel Rivals player has laid out the true meta – and Iron Fist’s ranking feels alarmingJames Gunn says his DC shows will likely stick to the “one episode a week” schedule moving forward: “It affords a quality show an opportunity to be discussed"Just two weeks after its theatrical release, Lord of the Ring: The War of Rohirrim is heading to digitalEscape the horrors of family time this holiday with Slitterhead’s first ever discountNosferatu should “feel like a love triangle” according to star Lily-Rose Depp, albeit a twisted oneYou might be ready for Elden Ring: Nightreign, but not as ready as this streamer who completed the RPG like it was a roguelike – 207 bosses, random items, and permadeathThe team behind the unofficial Zelda Ocarina of Time PC port just modernized another Nintendo 64 classic, and the original creator is “very happy” about itNosferatu’s Bill Skarsgård was so happy to shed the Orlok character when filming wrapped: “It was an immense sense of relief”
Most PopularOne of Sonic 3’s writers threatens us with a good time in a future movie: “We gotta get Big the Cat in there in some capacity"This nifty gadget turns any M.2 SSD into a portable drive, but it’s great for when you’re upgrading your PC tooLeague of Legends co-creator responds to report that Arcane was a “financial miss,” says “people think we make things like Arcane to sell skins, when in reality we sell skins to make things like Arcane"After hours of number-crunching, one Marvel Rivals player has laid out the true meta – and Iron Fist’s ranking feels alarmingJames Gunn says his DC shows will likely stick to the “one episode a week” schedule moving forward: “It affords a quality show an opportunity to be discussed"Just two weeks after its theatrical release, Lord of the Ring: The War of Rohirrim is heading to digitalEscape the horrors of family time this holiday with Slitterhead’s first ever discountNosferatu should “feel like a love triangle” according to star Lily-Rose Depp, albeit a twisted oneYou might be ready for Elden Ring: Nightreign, but not as ready as this streamer who completed the RPG like it was a roguelike – 207 bosses, random items, and permadeathThe team behind the unofficial Zelda Ocarina of Time PC port just modernized another Nintendo 64 classic, and the original creator is “very happy” about itNosferatu’s Bill Skarsgård was so happy to shed the Orlok character when filming wrapped: “It was an immense sense of relief”
Most Popular
One of Sonic 3’s writers threatens us with a good time in a future movie: “We gotta get Big the Cat in there in some capacity”
This nifty gadget turns any M.2 SSD into a portable drive, but it’s great for when you’re upgrading your PC too
League of Legends co-creator responds to report that Arcane was a “financial miss,” says “people think we make things like Arcane to sell skins, when in reality we sell skins to make things like Arcane”
After hours of number-crunching, one Marvel Rivals player has laid out the true meta – and Iron Fist’s ranking feels alarming
James Gunn says his DC shows will likely stick to the “one episode a week” schedule moving forward: “It affords a quality show an opportunity to be discussed”
Just two weeks after its theatrical release, Lord of the Ring: The War of Rohirrim is heading to digital
Escape the horrors of family time this holiday with Slitterhead’s first ever discount
Nosferatu should “feel like a love triangle” according to star Lily-Rose Depp, albeit a twisted one
You might be ready for Elden Ring: Nightreign, but not as ready as this streamer who completed the RPG like it was a roguelike – 207 bosses, random items, and permadeath
The team behind the unofficial Zelda Ocarina of Time PC port just modernized another Nintendo 64 classic, and the original creator is “very happy” about it
Nosferatu’s Bill Skarsgård was so happy to shed the Orlok character when filming wrapped: “It was an immense sense of relief”
GAME REVIEWSMOVIE REVIEWSTV REVIEWS1Nemesis review: “A magical sense of tension"2Arcs review: “A whole lot of game in a small package"3Path of Exile 2 review: “A stellar start to a thrilling and brutal dark adventure"4Indiana Jones and the Great Circle review: “The best adventure Indy has embarked on in over 30 years"5Marvel Rivals review: “So preoccupied with trying to be like Overwatch that it forgets to play to its own strengths"1Sonic the Hedgehog 3 review: “Keanu Reeves as Shadow is wasted whilst Jim Carrey steals the show"2Mufasa: The Lion King review – “It’s no Hakuna Matata but this Disney origin story is a class above the 2019 movie"3Kraven the Hunter review: “The insistence on an R-rating helps save this, with a decent helping of bloodthirsty action"4The Lord of the Rings: The War of the Rohirrim review – “An uninspired expansion of the most iconic screen take on Tolkien"5Nightbitch review: “Amy Adams’ disappointing dark comedy is all bark and no bite"1Doctor Who 2024 Christmas special review: “Ncuti Gatwa is as magnetic as ever in this delightful festive treat"2Secret Level review: “An uneven experience with serious highlights that ultimately make up for the misses"3Skeleton Crew review: “Perfectly captures the vibes of classic Star Wars with a swashbuckling twist"4Creature Commandos review: “James Gunn’s heartwarming, R-rated tale about super-monsters proves that the DCU is in good hands"5Cobra Kai season 6, part 2 review: “Returns to the sort of hard-hitting form that made it such a fan favorite in the first place”
GAME REVIEWSMOVIE REVIEWSTV REVIEWS1Nemesis review: “A magical sense of tension"2Arcs review: “A whole lot of game in a small package"3Path of Exile 2 review: “A stellar start to a thrilling and brutal dark adventure"4Indiana Jones and the Great Circle review: “The best adventure Indy has embarked on in over 30 years"5Marvel Rivals review: “So preoccupied with trying to be like Overwatch that it forgets to play to its own strengths"1Sonic the Hedgehog 3 review: “Keanu Reeves as Shadow is wasted whilst Jim Carrey steals the show"2Mufasa: The Lion King review – “It’s no Hakuna Matata but this Disney origin story is a class above the 2019 movie"3Kraven the Hunter review: “The insistence on an R-rating helps save this, with a decent helping of bloodthirsty action"4The Lord of the Rings: The War of the Rohirrim review – “An uninspired expansion of the most iconic screen take on Tolkien"5Nightbitch review: “Amy Adams’ disappointing dark comedy is all bark and no bite"1Doctor Who 2024 Christmas special review: “Ncuti Gatwa is as magnetic as ever in this delightful festive treat"2Secret Level review: “An uneven experience with serious highlights that ultimately make up for the misses"3Skeleton Crew review: “Perfectly captures the vibes of classic Star Wars with a swashbuckling twist"4Creature Commandos review: “James Gunn’s heartwarming, R-rated tale about super-monsters proves that the DCU is in good hands"5Cobra Kai season 6, part 2 review: “Returns to the sort of hard-hitting form that made it such a fan favorite in the first place”
GAME REVIEWSMOVIE REVIEWSTV REVIEWS1Nemesis review: “A magical sense of tension"2Arcs review: “A whole lot of game in a small package"3Path of Exile 2 review: “A stellar start to a thrilling and brutal dark adventure"4Indiana Jones and the Great Circle review: “The best adventure Indy has embarked on in over 30 years"5Marvel Rivals review: “So preoccupied with trying to be like Overwatch that it forgets to play to its own strengths"1Sonic the Hedgehog 3 review: “Keanu Reeves as Shadow is wasted whilst Jim Carrey steals the show"2Mufasa: The Lion King review – “It’s no Hakuna Matata but this Disney origin story is a class above the 2019 movie"3Kraven the Hunter review: “The insistence on an R-rating helps save this, with a decent helping of bloodthirsty action"4The Lord of the Rings: The War of the Rohirrim review – “An uninspired expansion of the most iconic screen take on Tolkien"5Nightbitch review: “Amy Adams’ disappointing dark comedy is all bark and no bite"1Doctor Who 2024 Christmas special review: “Ncuti Gatwa is as magnetic as ever in this delightful festive treat"2Secret Level review: “An uneven experience with serious highlights that ultimately make up for the misses"3Skeleton Crew review: “Perfectly captures the vibes of classic Star Wars with a swashbuckling twist"4Creature Commandos review: “James Gunn’s heartwarming, R-rated tale about super-monsters proves that the DCU is in good hands"5Cobra Kai season 6, part 2 review: “Returns to the sort of hard-hitting form that made it such a fan favorite in the first place”
GAME REVIEWSMOVIE REVIEWSTV REVIEWS1Nemesis review: “A magical sense of tension"2Arcs review: “A whole lot of game in a small package"3Path of Exile 2 review: “A stellar start to a thrilling and brutal dark adventure"4Indiana Jones and the Great Circle review: “The best adventure Indy has embarked on in over 30 years"5Marvel Rivals review: “So preoccupied with trying to be like Overwatch that it forgets to play to its own strengths"1Sonic the Hedgehog 3 review: “Keanu Reeves as Shadow is wasted whilst Jim Carrey steals the show"2Mufasa: The Lion King review – “It’s no Hakuna Matata but this Disney origin story is a class above the 2019 movie"3Kraven the Hunter review: “The insistence on an R-rating helps save this, with a decent helping of bloodthirsty action"4The Lord of the Rings: The War of the Rohirrim review – “An uninspired expansion of the most iconic screen take on Tolkien"5Nightbitch review: “Amy Adams’ disappointing dark comedy is all bark and no bite"1Doctor Who 2024 Christmas special review: “Ncuti Gatwa is as magnetic as ever in this delightful festive treat"2Secret Level review: “An uneven experience with serious highlights that ultimately make up for the misses"3Skeleton Crew review: “Perfectly captures the vibes of classic Star Wars with a swashbuckling twist"4Creature Commandos review: “James Gunn’s heartwarming, R-rated tale about super-monsters proves that the DCU is in good hands"5Cobra Kai season 6, part 2 review: “Returns to the sort of hard-hitting form that made it such a fan favorite in the first place”
GAME REVIEWSMOVIE REVIEWSTV REVIEWS
1Nemesis review: “A magical sense of tension”
1Nemesis review: “A magical sense of tension”
1
Nemesis review: “A magical sense of tension”
2Arcs review: “A whole lot of game in a small package”
2Arcs review: “A whole lot of game in a small package”
2
Arcs review: “A whole lot of game in a small package”
3Path of Exile 2 review: “A stellar start to a thrilling and brutal dark adventure”
3Path of Exile 2 review: “A stellar start to a thrilling and brutal dark adventure”
3
Path of Exile 2 review: “A stellar start to a thrilling and brutal dark adventure”
4Indiana Jones and the Great Circle review: “The best adventure Indy has embarked on in over 30 years”
4Indiana Jones and the Great Circle review: “The best adventure Indy has embarked on in over 30 years”
4
Indiana Jones and the Great Circle review: “The best adventure Indy has embarked on in over 30 years”
5Marvel Rivals review: “So preoccupied with trying to be like Overwatch that it forgets to play to its own strengths”
5Marvel Rivals review: “So preoccupied with trying to be like Overwatch that it forgets to play to its own strengths”
5
Marvel Rivals review: “So preoccupied with trying to be like Overwatch that it forgets to play to its own strengths”
1Sonic the Hedgehog 3 review: “Keanu Reeves as Shadow is wasted whilst Jim Carrey steals the show”
1Sonic the Hedgehog 3 review: “Keanu Reeves as Shadow is wasted whilst Jim Carrey steals the show”
1
Sonic the Hedgehog 3 review: “Keanu Reeves as Shadow is wasted whilst Jim Carrey steals the show”
2Mufasa: The Lion King review – “It’s no Hakuna Matata but this Disney origin story is a class above the 2019 movie”
2Mufasa: The Lion King review – “It’s no Hakuna Matata but this Disney origin story is a class above the 2019 movie”
2
Mufasa: The Lion King review – “It’s no Hakuna Matata but this Disney origin story is a class above the 2019 movie”
3Kraven the Hunter review: “The insistence on an R-rating helps save this, with a decent helping of bloodthirsty action”
3Kraven the Hunter review: “The insistence on an R-rating helps save this, with a decent helping of bloodthirsty action”
3
Kraven the Hunter review: “The insistence on an R-rating helps save this, with a decent helping of bloodthirsty action”
4The Lord of the Rings: The War of the Rohirrim review – “An uninspired expansion of the most iconic screen take on Tolkien”
4The Lord of the Rings: The War of the Rohirrim review – “An uninspired expansion of the most iconic screen take on Tolkien”
4
The Lord of the Rings: The War of the Rohirrim review – “An uninspired expansion of the most iconic screen take on Tolkien”
5Nightbitch review: “Amy Adams’ disappointing dark comedy is all bark and no bite”
5Nightbitch review: “Amy Adams’ disappointing dark comedy is all bark and no bite”
5
Nightbitch review: “Amy Adams' disappointing dark comedy is all bark and no bite”
1Doctor Who 2024 Christmas special review: “Ncuti Gatwa is as magnetic as ever in this delightful festive treat”
1Doctor Who 2024 Christmas special review: “Ncuti Gatwa is as magnetic as ever in this delightful festive treat”
1
Doctor Who 2024 Christmas special review: “Ncuti Gatwa is as magnetic as ever in this delightful festive treat”
2Secret Level review: “An uneven experience with serious highlights that ultimately make up for the misses”
2Secret Level review: “An uneven experience with serious highlights that ultimately make up for the misses”
2
Secret Level review: “An uneven experience with serious highlights that ultimately make up for the misses”
3Skeleton Crew review: “Perfectly captures the vibes of classic Star Wars with a swashbuckling twist”
3Skeleton Crew review: “Perfectly captures the vibes of classic Star Wars with a swashbuckling twist”
3
Skeleton Crew review: “Perfectly captures the vibes of classic Star Wars with a swashbuckling twist”
4Creature Commandos review: “James Gunn’s heartwarming, R-rated tale about super-monsters proves that the DCU is in good hands”
4Creature Commandos review: “James Gunn’s heartwarming, R-rated tale about super-monsters proves that the DCU is in good hands”
4
Creature Commandos review: “James Gunn’s heartwarming, R-rated tale about super-monsters proves that the DCU is in good hands”
5Cobra Kai season 6, part 2 review: “Returns to the sort of hard-hitting form that made it such a fan favorite in the first place”
5Cobra Kai season 6, part 2 review: “Returns to the sort of hard-hitting form that made it such a fan favorite in the first place”
5
Cobra Kai season 6, part 2 review: “Returns to the sort of hard-hitting form that made it such a fan favorite in the first place”