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Games & Commerce

Sony PS5 sales plunge 46 percent, raising concerns for game business growth

Sony\'s PlayStation 5 sales fell sharply, with fourth-quarter unit sales down to 1.5 million and annual sales at 16.0 million. The company expects revenue in its Games & Network Services unit to drop by 265.7 billion yen in fiscal 2026, citing weaker replacement demand and memory procurement constraints. Still, annual segment revenue rose 87.3 billion yen, helped by currency effects, network services and third-party software sales.

Games & Commerce

Webtoon Entertainment Q1 operating loss 11.7 billion won, narrows 69.8 percent

Webtoon Entertainment, Naver Webtoon’s U.S. parent, said its first-quarter operating loss narrowed 69.8 percent from a year earlier on improved gross profit and cost controls. Revenue fell 1.5 percent to $320.87 million, but rose 0.2 percent on a constant-currency basis. The operating loss was $8.03 million and net loss fell 60 percent to $8.80 million. Paid content revenue edged up, while ad and IP business revenue declined.

Games & Commerce

Epic develops extraction shooter using Disney characters, report says

Epic Games is developing an extraction shooter using Disney intellectual property, and it could be unveiled as early as November, a report said. Engadget said it is seen internally as the most promising of three Disney-related projects at Epic. The game is described as similar to Arc Raiders, with players gathering resources and escaping, but featuring Disney characters fighting enemies. It is unclear whether it will be standalone or a Fortnite mode.