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Jim Ryan Says PS5 Price To Offer ‘Best Possible Value Proposition’

The PS5 price has yet to be confirmed, but Sony Interactive Entertainment head honcho Jim Ryan has said the format holder is shooting for the ‘best possible value proposition’ for its new home console.

Jim Ryan On PS5 Price

Sony had previously indicated that it wouldn’t be announcing the price of its new console until Microsoft has made a move for the Xbox Series X. However, by aiming for best value, that doesn’t necessarily mean that Sony is going for the lowest price possible, Ryan told GI.biz.

Recent history has told us that gaming is one of the pastimes and one of the businesses that benefits in economically difficult times. It’s quite logical, people don’t have the money to go out so they stay at home.

Now, who knows how this recession is going to look, how deep it will be and how long it will last. It could be that the historic templates, the historic models that have applied in the past may not apply in the future.

I think the best way that we can address this is by providing the best possible value proposition that we can. I don’t necessarily mean lowest price. Value is a combination of many things. In our area, it means games, it means number of games, depth of games, breadth of games, quality of games, price of games – all of these things and how they avail themselves of the feature set of the platform.

Sony is hosting a PS5 games reveal on Thursday, where the company will be offering around an hour’s worth of footage on upcoming titles.