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Home Gaming Console

Sony Reportedly Wanted To Price PS5 Games Higher Than US$70

by Ian Chee
November 11, 2020
Playstation 5
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Earlier in the year, 2K games pretty much set the standard for next-gen games being priced at US$70 (~RM288). A number of other titles have since followed suit, like the Demon’s Souls remake. But a new report indicates that Sony Interactive Entertainment once wanted to price their PS5 games higher.

The report came via Bloomberg, which said that its sources within Sony recognised that the move is an unpopular one to make. A company spokesperson, on the other hand, said that the company is reserving that price for its “biggest games”. Other games will be launching for “as little as US$50 (~RM206)”.

PS5 Demon's Souls

On one hand, it’s fortunate that SIE ultimately did not price their games higher than its US$70 mark. Even as it is, the timing for it couldn’t be worse. The price increase for video games hiked alongside a global health crisis, with a fair number of people getting less disposable income, if any at all.

But despite the price hike, game publishers are still expected to sell premium or deluxe editions for higher prices. And while extremely unsavoury, publishers of sports titles are expected to continue with lootboxes. At least, until more markets push back against it.

(Source: Bloomberg)

Filed Under next gen consoleplaystation 5ps5SIESonySony Interactive Entertainment
Updated 3:43 pm, Wed, 11 November 20
http://lowy.at/ILwY7
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