Bloomberg News
@Bloomberg-News·2.8M subscribers·40.1K videos
Sony Reveals PlayStation 5 Editions and Marquee Games
Posted
June 12, 2020
Views
36,732
Likes
207
Comments
141
Engagement
0.95%
June 12, 2020
36,732
207
141
0.95%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
2:19Now PlayingSony Corp. unveiled two versions of its upcoming PlayStation 5 game console and an array of new games from the virtual stage Thursday, showcasing its next-generation lineup for the first time ahead of a holiday season showdown against Microsoft Corp.’s Xbox.
A new Spider-Man game will be ready for the holidays, alongside the release of the black-and-white home console. Sony will also have a new Gran Turismo racing game, as well as an enhanced version of Take-Two Interactive Software Inc.’s bestselling Grand Theft Auto V for the PlayStation 5 next year.
The second variant of the PS5, dubbed the Digital Edition, will eschew the Blu-ray disc drive and offer downloads as the only way to acquire new games. This move could hasten the transition to digital downloads and cut out retailers like Amazon.com Inc., GameStop Corp. and Walmart Inc. The PS5 Digital Edition has a sleeker design and is expected to be cheaper than the standard model, though Sony did not disclose pricing information.
Shares of the Japanese entertainment giant fell as much as 3.9% in early Tokyo trading Friday, its biggest intraday fall in more than two months.
“It looks like Sony is saying the PS5’s theme color is white,” said Hideki Yasuda, an analyst with Ace Research Institute. “I can’t think of many white, round-edged game consoles that have done well in the past, so I think Sony is taking on a challenge with that design direction.”
Sony showed an array of new games from various high-profile franchises, including Resident Evil 8, a remake of the action game Demon’s Souls and a sequel to the popular PlayStation 4 game Horizon Zero Dawn.
Expectations are high for the PlayStation 5. Sony’s current system has dominated the video game market for the last seven years, selling more than 110 million units and overshadowing Microsoft’s efforts with the Xbox. Both companies began talking publicly about their next generation of consoles last year. Sony has promised technical improvements that would enable sharper graphics, larger game worlds and reduced load times.
The coronavirus pandemic has complicated what is normally a carefully choreographed process for introducing a new game system. Sony had planned to deliver a lecture on the PlayStation 5’s technical capabilities during the Game Developers Conference in March. When that event was called off, the Japanese hardware maker instead streamed an hourlong video presentation hosted by the PlayStation’s lead architect, Mark Cerny.
Subscribe to our YouTube channel
QUICKTAKE ON SOCIAL:
Follow QuickTake on Twitter: twitter.com/quicktake
Like QuickTake on Facebook: facebook.com/quicktake
Follow QuickTake on Instagram: instagram.com/quicktake
Subscribe to our newsletter
Email us at quicktakenews@gmail.com
QuickTake by Bloomberg is a global news network delivering up-to-the-minute analysis on the biggest news, trends and ideas for a new generation of leaders.
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
