Sony sees its anime streaming service Crunchyroll as a growth driver, the head of its movies business said on Thursday, as the group looks to ride the growth of anime outside Japan. "Crunchyroll is going to be our primary growth driver at SPE over next few years," Sony Pictures Entertainment (SPE) CEO Tony Vinciquerra told a strategy briefing.
Japan's Sony on Thursday emphasised the strength of user engagement with its gaming platform as sales of the PlayStation 5 console taper off and companies in the sector look for recurring revenue. PS5 users are spending around 25% more than during the previous PS4 console's lifecycle, boosted by add-on content and services, including the PlayStation Plus subscription option. "This behaviour underpins the durable, predictable nature of our revenue base," gaming executive Hideaki Nishino told a strategy briefing.
Japanese electronics and entertainment company Sony says it’s focusing on creativity in movies, animation and video games, rather than old-fashioned gadgetry. Its chief executive, Kenichiro Yoshida, outlined the company’s strategy Thursday, saying Sony was helping creative professionals deliver what he called “kando,” or a moving experience. Yoshida did not speak about reports Tokyo-based Sony and Apollo Global Management are interested in buying Paramount Global.