PlayStation died in 2016 and the corpse just posted $3.1 billion in record operating profit.
The date in this tweet is real. April 2016 is when Sony folded its game divisions into Sony Interactive Entertainment and moved headquarters from Tokyo to San Mateo. Every item on the "death" list traces back to that move. Each one shows up on Sony's income statement as a win.
Take physical media. On a disc, retailers take their cut and used copies circulate for a decade earning Sony nothing. On a PSN download, Sony keeps 30% of every third-party sale, 100% of first-party, and the used market ceases to exist. Digital passed 80% of full-game sales years ago. Killing the disc was worth billions.
Backward compatibility ran into the same math. Your PS3 library competes with the remaster Sony wants to sell you. The Last of Us has now been sold to the same audience three separate times.
Japan Studio made Gravity Rush, Ape Escape, and Shadow of the Colossus. Beloved, mid-budget, experimental. None of it fits a portfolio built around $200 million blockbusters and live-service spend. Add-on content, meaning in-game currency and items, is now the single largest line in PlayStation's software revenue. Gravity Rush doesn't sell season passes.
And the price hikes worked. Sony raised PS5 prices mid-generation, watched demand hold, and shipped 93.7 million units anyway.
The FY2025 books: record ¥463 billion operating profit, 132 million monthly active users, also a record. That includes eating a $765 million Bungie writedown. Strip it out and profit grew 45%.
The Japanese division built a console company. The American division built a mall with 132 million monthly visitors. Sony ran the numbers and picked the mall.
Quelqu’un peut m’expliquer comment une seule personne est censée réussir à travailler de 9 h à 18 h, faire 10 000 pas par jour, aller à la salle de sport trois fois par semaine, cuisiner des repas faits maison, garder la maison impeccable, passer du temps de qualité avec sa famille, dormir huit heures par nuit, lire des livres, apprendre des langues, avoir des loisirs, prendre soin de sa santé, être séduisante en permanence… et réussir malgré tout à ne pas finir avec un trouble anxieux ?
J’ai l’impression qu’on nous a vendu une image de la vie qui est tout simplement impossible à tenir dans la réalité.
If capitalism is so great, why do corporations need tax breaks, subsidies, exemptions, grants, bailouts, legal protections, and trade barriers to survive? And when ordinary people ask for help, why is it suddenly called socialism?
I have no respect for anyone who’s angry about this. This is exactly what taxes should be spent on. Not subsidizing corporations and giving bombs to Israel.
One of the reasons that both Neoliberals and fascists hate people like Mamdani is because he proves they are all liars who have effectively sold out their constituents to billionaire interests.
All of the pain we have been told to endure has been a choice to sate the wealthy
The most annoying thing about being human right now is knowing we already have the intelligence and resources to end world hunger, fight climate change, and cure cancer, but greed and billionaires keep millions suffering instead. The wasted human potential is heartbreaking.
People who say making college free will decrease the significance of a degree are accidentally revealing a truth that college is prohibitively expensive as a means of class and status maintenance.
Just got off a call with a childhood friend
His wife has cancer, it took 5 months to wipe out 20 years of his life savings and that was with insurance.
He said the experience has turned him into a hateful, bitter person. They did everything they were told.
They went to college, got degrees, avoided credit card debt, spent wisely, saved a nice chunk of money in savings accounts and retirement accounts and minded their own business.
The USA healthcare system took all of their savings and retirement and forced them to refinance their house so that they lost 15 years of equity.
Is this a country we are supposed to be proud of? I hate this system and anyone that defends it.
You can’t have hyperwealth without hyperpoverty. A billionaire exists in one country because child labor exists in another. Stock markets grow by looting countries raw. That’s the reality of capitalism: the misanthropic greed of the rich is fed by devastating the poor.
You reduce crime by eliminating poverty. You reduce crime with universal healthcare, public housing, livable wages, and free college. You reduce violence by creating happy, healthy communities that aren’t constantly fighting over basic needs and material resources.