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Sony Aims To Increase Acquisitions Budget By 20%

The president of Sony has revealed that the hardware manufacturer aims to increase its acquisitions budget by 20% during the next financial year.

Hiroki Totoki confirmed the news overnight during Sony’s latest financial results, in which the format holder announced global PS5 shipments have reached over 38 million units. In fact, the three-month period ended March 31, 2023 was the biggest for any video game hardware to date.

Speaking of acquisitions, Sony has been busy snapping up a various studios over the past year, the most recent being Firewalk Studios.

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Meanwhile, PS Plus subscribers have hit 47.4 million during the same period, which is the equivalent of the 47.4 million recorded year-on-year. However, these figures tend to fluctuate over the course of a fiscal year.