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On September 4, 2024, Sony's chief financial officer Hiroki Totoki told the Financial Times that the company believed they didn't have enough original IPs across its video game, film and anime operations that it had "fostered from the beginning". This statement drew puzzled reactions in regards to PlayStation, as just two days later on September 6, their new big-budget IP Concord was shut down a mere two weeks after launch, while Astro Bot was released the same day and featured references to numerous dormant video game IPs that Sony owns. These include IPs dating back to the 1990's and many that were previously abandoned due to either low sales or a shift in focus.
Financial Times article:
https://www.ft.com/content/307f7a2e-a755-4f6e-badc-9bc119f185df
Eurogamer article:
https://www.eurogamer.net/as-concord-flops-sony-exec-says-company-doesnt-have-enough-original-ip
PlayStation Lifestyle article:
https://www.playstationlifestyle.net/2024/09/04/playstation-doesnt-have-enough-ip-says-sony/
https://www.ft.com/content/307f7a2e-a755-4f6e-badc-9bc119f185df
Eurogamer article:
https://www.eurogamer.net/as-concord-flops-sony-exec-says-company-doesnt-have-enough-original-ip
PlayStation Lifestyle article:
https://www.playstationlifestyle.net/2024/09/04/playstation-doesnt-have-enough-ip-says-sony/
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