PlayStation will soon end physical disc production for all new games released on its consoles, the company announced Wednesday morning. Starting January 2028, new games released on the Sony-owned legacy console will be sold either through the PlayStation Store or through retailers in digital formats.
PlayStation manufacturer Sony announced the company would no longer release new games on physical discs starting in January 2028, shifting all sales to digital platforms in an effort to “adapt to consumer trends,” marking the end of a physical media era for one of the bestselling game console manufacturers.
The latest trading day saw Sony (SONY) settling at $19.71, representing a +2.02% change from its previous close.
Sony Pictures Entertainment announced a $100 million strategic investment in immersive technology firm Cosm on Wednesday, marking a push by the Hollywood studio to extend its film and television properties into a growing network of dome-shaped venues across the United States.
Zacks.com users have recently been watching Sony (SONY) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
In the most recent trading session, Sony (SONY) closed at $19.51, indicating a -4.03% shift from the previous trading day.
In the most recent trading session, Sony (SONY) closed at $20.53, indicating a -2.93% shift from the previous trading day.
Zacks.com users have recently been watching Sony (SONY) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Sony Group Corporation remains a Buy as valuation improves despite recent operational setbacks and market underperformance. Recent losses from the discontinued AFEELA EV project and Bungie impairment are offset by prudent capital allocation and cost discipline. Key upside catalysts include potential outperformance in Gaming and Pictures, notably from GTA 6 and blockbuster film releases.
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We got an early look at Sony's new True RGB technology during a private briefing in New York, and it could be the biggest advancement in display technology since OLED. By using independently controlled red, green, and blue LEDs in the backlight, Sony claims it can deliver OLED-level contrast and viewing angles with the brightness advantages of Mini LED.