PlayStation 4 is nearing the end of its life cycle—at least that’s what key stakeholders were told during a recent investors meeting, according to Wall Street Journal’s Takashi Mochizuki.
Mochizuki talked about the news on Twitter, while recapping other news from the Sony Interactive Entertainment’s CEO, John Kodera. The news was to prepare investors for a slowdown of sales in coming months.
“PS chief Kodera: PS4 is entering final phase of its life cycle, which would have negative impact to the unit, but recurring revenue via membership services etc should cushion some of that,” Mochizuki says in his tweet.
However, Kodera says exclusive titles and refreshing existing IPs will be key to keeping momentum moving into the next generation.
“Beefing up first-party titles wouldn’t just mean more new IPs,” Mochizuki says. “Strategy includes franchising successful IPs and refreshing existing IPs.”
The news about new or improved IPs shouldn’t come as a surprise to anybody, as E3 2018 is right around the corner. But it does create the opportunity for increased speculation leading up to the event.
Mochizuki finished his Twitter recap by saying Kodera is promising more exclusive PlayStation titles in the coming months. We’ll see how many new exclusive titles Sony announces next month.