Can Sony’s leisure empire rule the metaverse?


Sony is showcasing its leisure arsenal in its battle for Metaverse supremacy.

The corporate is diversifying a product portfolio that may lay a powerful basis for the digital world.

The Japanese conglomerate now boasts a revived music enterprise, a film studio that produces Marvel blockbusters, an enormous film library, and the PlayStation gaming platform.

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group’s The music, movie and gaming operations reported 67% development within the fiscal fourth quarter in comparison with the prior yr.

Sony invested $1 billion in Fortnite writer Epic Video games final month. The Tokyo-based enterprise had beforehand sunk $250m into the gaming agency.

These strikes have created a product bundle that the corporate is focusing on on the metaverse.

“The Metaverse is on the identical time a social area and a stay community area the place video games, music, motion pictures and anime intersect,” Sony CEO Kenichiro Yoshida informed Reuters at Wednesday’s briefing.

Fortnite shows the power of the online social space