It’s nearly time for Sony to share what’s next for PlayStation. On May 24th, the company is set to host its next PlayStation Showcase, promising a show that’s more than an hour long with news about games for PS5 and PSVR 2. “Expect a glimpse at several new creations from PlayStation Studios, as well as spellbinding games from our third-party partners and indie creators,” Sony said in a blog post.
Spider-Man 2 seems like a lock given its fall 2023 release window, and I’m also hopeful we’ll get updates on things like Wolverine, Death Stranding 2, and maybe even Final Fantasy VII Rebirth. But Sony’s blog specifically says we’ll see “new IP,” so there will definitely be some surprises in store.
The show kicks off on May 24th at 4PM ET / 1PM PT. Here’s all of our coverage from the event.
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Illustration by Alex Castro / The VergeRight now, Sony may be widely renowned for its ambitious single-player PlayStation games from franchises you’ve come to know and love — series like God of War, Horizon, and Spider-Man come to mind for me. But in just a few years, you might instead be playing a lot of new PlayStation franchises — and a lot of live service titles.
As part of a business presentation on Tuesday, Sony shared some updates about how it plans to invest in its its portfolio. In the 2025 fiscal year, for example, it estimates that 50 percent of its PlayStation Studios investments will be in new IP, which a major jump from years past: according to a slide, in its 2019 fiscal year, only 20 percent of its investments were in new franchises. And if you look at the slide, that 50 percent of investments in FY23 appears to as large — if not larger — than its entire spending in FY19.
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Image: Vjeran Pavic / The VergeThe summer of gaming events is starting a little early this year. Sony announced that it will be holding a PlayStation Showcase event on May 24th at 1PM PT. And it sounds like a big one: the stream will be more than an hour long and include games for both the PS5 and PS VR2. “Expect a glimpse at several new creations from PlayStation Studios, as well as spellbinding games from our third-party partners and indie creators,” the company says. It’ll stream on both YouTube and Twitch.
As for what to expect, Sony has a number of upcoming blockbusters, including the superhero games Spider-Man 2 and Wolverine, while I wouldn’t be surprised to see Death Stranding 2 make an appearance. The announcement also specifies “new IP,” so expect the unexpected as well.