Sony’s PS5-Era Studio Acquisition Spree Has Been A Disaster
in newsletterKotaku · 2026-02-19 · 4 min read · business
Sony's PS5-era acquisition spree of 11 studios since 2019 has largely failed. Three studios—Bluepoint, Neon Koi, and Firewalk—have closed, while most others shipped few or no games. The company's forced pivot to live-service flopped, with Concord shutting down after two weeks. Only Housemarque and Insomniac delivered meaningful results, leaving developers at remaining studios facing uncertain futures.
Appeared in 2026-02-20.