FaZe Clan has named Christoph Pachler as the organization’s Chief Financial Officer (CFO). He was previously the managing director and CFO of Critical Content, a Los Angeles independent television studio.
Sony charged $5.9 billion for overcharging PlayStation Store products.
A lawsuit brought on behalf of consumers has been lodged against Sony for monopolistic business practices regarding the PlayStation Store. For its exploitation of more than 9 million customers, the business might be fined up to $5.9 billion.
Sony expands esports footprint with Repeat.gg takeover
Sony Interactive Entertainment has continued its expansion in the esports scene with the acquisition of Repeat.gg.
Sony closes deal to acquire Haven Studios
Sony has announced the completion of a deal to acquire Haven Studios. The acquisition has been in the works since March.
Sony INZONE partners with Valorant Champions Tour
Sony’s newly launched gaming brand, INZONE, is teaming up with Riot Games’ Valorant Champions Tour (VCT).
Playstation 5 hits the 20 million units milestone
Sony’s total number of sales amassed across the world by its flagship product PlayStation 5 has hit the 20 million milestone. The company had earlier revealed that it will stop the production of the PS4 game by 2025 and will be looking to ramp up production for the PS5 to meet demands.
Sony estimates it will stop producing PS4 games by 2025
After fans were left perplexed by the launch of the new tiered edition of PlayStation Plus. It appears that PlayStation owners are in for much more disappointing news, particularly those who have not yet updated to Sony’s PlayStation 5.
Sony targets June 13 and 22 for the launch of the new Playstation Plus in America and Europe
Sony has revealed that June 13 and 22 will be the dates for the premiere of their long-awaited PlayStation Plus…
Epic Games raises $2b investment from Sony & KIRKBI
Epic Games has announced a $2 billion investment funding from Sony Group Corporation and Denmark-based investment company KIRKBI. The company, which is best known for its esports title Fortnite, now has a valuation of $31.5 billion.