- Sony’s Hiroki Totoki has expressed his candid views on the PlayStation business, indicating that its studios could further reduce development costs.
- Rising development costs are a major concern in the video game industry, with the triple-A business perceived as being at risk.
- Totoki, reflecting on his four-month tenure as chairperson of Sony Interactive Entertainment, emphasized the need for understanding the company and industry dynamics, and the importance of transparent communication.
- He identified “room for improvement” at PlayStation studios, particularly in terms of development costs and scheduling.
- The release of data from Sony-owned developer Insomniac revealed concerns about the growing cost of the studio’s games. Spider-Man 2’s development costs exceeded the original $270 million budget by $30 million.
- Despite these overruns, the latest sales figures suggest Spider-Man 2 has now moved into profitable territory, although Sony has yet to confirm this.
- Totoki’s comments highlight the challenges faced by the video game industry and the need for effective cost management strategies.
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