PlayStation president says more acquisitions are on the way

Jim Ryan, president of Sony Interactive Entertainment, has promised that the company will continue to acquire more studios in the future after a big spending spree in 2021. Sony acquired five studios in 2021 and so far in 2022 announced deals to buy Destiny 2 developer Bungie and Jade Raymond’s Haven Studios.

In an appearance on the latest PlayStation podcast, Ryan said one of the ways PlayStation is growing its business is through buyouts, and fans can expect that to continue. “We grow through acquisitions. We have acquired five studios over the course of 2021. We are in talks with Bungie. And we have more planned,” Ryan said.