Browsing: Sony

Sony CEO Hiroki Totoki has sold more than half of his stock in the company. A recent United States Securities and Exchange Commission (SEC) filing shows that the 61-year-old sold millions of dollars worth of stock just two days after the announcement that PlayStation was going to cease production of physical discs in January 2028

Barely a week ago, Sony announced that starting in 2028, PlayStation would ditch physical discs for an all-digital future. The response from gamers has been predictably negative. Many console owners love their physical collections, but instead of ending at strongly worded criticism, the response includes legal actions that involve powerful words such as “monopoly.”