Sony PlayStation Soaring Amid Industry Decline in Consumer Spend

Sony PlayStation Soaring Amid Industry Decline in Consumer Spend

Note: This article is based on content from Variety Intelligence Platform’s special report “2023 Media & Tech Trend Tracker,” available exclusively to subscribers.

Sony Interactive Entertainment in February announced PlayStation Playmakers, a new initiative to partner with names like LeBron James on promoting the console brand.

For anyone else in gaming, this move would come across as a plea for consumers to spend at levels not seen since 2021.

But for Sony, it’s capping off a return to form.

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