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[pulicat]

Didn’t Wukong sell most of its copies on Steam since it’s something to the order of 70-80% being Chinese customers? And they don’t really buy many consoles.

Yes the idea of BMW sales offsetting Concord's catastrophic failure is illogical and beyond stupid.

 

[SweetTooth]

They just released their quarterly report with great results. Concord was nothing but a small bump in the road.

 

[Felessan]

All the money spent on Concord wasn't spent in one 3 month period.

Money spent on Concord went againt content asset. And this asset was written off last quarter.
Sony reports by IFRS and in IFRS preferred accounting method is economic substance and not cash method. And in economic substance when company spend money on something, no loss is realized, because this something (asset) has value of money spent. And only when asset revaluated, for example when game lauched and failed, gains and losses realized.

It's a continuous investment, Sony didn't just have a $600M hole in their software financials that was filled by Black Myth Wukong.
In fact, even within first-party software revenue Concord barely made any difference, and it's actually up from Q2 of the previous FY.

They did - they wrote down $370m in long-term assets (including content assets), probably related to Concord and other closed GaaS.

 

[John Wick]

It's funny how things have changed. I remember when ever China got mentioned or a Chinese company like Tencent there used to always be negative comments. Plenty of vapourware comments as well. That's aside from some of the obvious hate anything China posts. I'm glad Sony had the ambition to leverage Chinese developers. This game sure did change some opinions.

 

[Duchess]

Zero-sum game - Wikipedia

en.wikipedia.org

 

[pasterpl]

Sorry to crush your dreams OP, but if we take your number of 18mln BMW total sales and apply official platform split (20% ps5 vs 80% PC) total revenue that Sony made is just below 80mln, still 5x less than cost of Concord fiasco.

 

[pasterpl]

Yes the idea of BMW sales offsetting Concord's catastrophic failure is illogical and beyond stupid.

It is a coping mechanism.

 

[ahtlas7]

Ign article. Will not click.

 

[Killjoy-NL]

Or maybe Concord wiped the wukong profits.

That'll probably be okay, as it means that Helldivers 2 made for a lot of profits.

 

[Allandor]

I never like Chinese government and communism but in fairness there games or even movies produce by China does not force or push any agenda. I might purchase this game in physical copy any time soon.

...
What? In chinese movies and games are often forced political statements ... but well you don't see them when you don't want.
Also if the developers would add political statements of freedom, you would never here from the developers ever again...

 

[yogaflame]

...
What? In chinese movies and games are often forced political statements ... but well you don't see them when you don't want.
Also if the developers would add political statements of freedom, you would never here from the developers ever again...

What I mean is China production is producer of American films. Example those Tom Cruz movies like Mission Impossible, or Mars, or Meg, etc. I did not saw any indoctrination of communism. Same with wukong or tencent games. But Ill be clear, again I dont like communism and China government. Just saying about movies and same with games.

 

[mdkirby]

Another victory !

This just sounds like autism

 

[mdkirby]

What I mean is China production is producer American. Example those Tom Cruz movies like Mission Impossible, or Mars, or Meg, etc. I did not saw any indoctrination of communism. Same with wukong or tencent games. But Ill be clear, again I dont like communism and China government. Just saying about movies and same with games.

Yeah, Hollywood for a long long time was effectively a propaganda arm of the government, used to spread capitalist ideals and ideology around the world. In more recent years it has become detached from being a tool of the government and become a means to spread the ideology of Hollywood elites instead. So I’m not sure how there’s any issue with China doing the same (tho I didn’t detect any in wukong, so they can’t be overly hamfisted in their approach). Like it or not China is in ascendancy, and if the US becomes isolationist and estranged from its allies, China will fill the gap, and their rule at the top table for this century will be certain. We should be glad they are now making fun things we can enjoy.

 

[Klosshufvud]

BMW? You mean overpriced hardware, services and software helped them recoup any disastrous loss on development because their profit margins are ridiculous now?

 

[LordOcidax]

Didn’t Wukong sell most of its copies on Steam since it’s something to the order of 70-80% being Chinese customers? And they don’t really buy many consoles.

More like >90% were Steam chinese players.

 

[Rudius]

"Action RPG from China"

lol, both Genshin and Zenless Zone Zero also falls into that category, and both games has been making money for Sony this year, especially Genshin that has won the Playstation Partner Grand Award literally every year, so I honestly think that the game Sony mentioned is either these 2 games, and not Black Myth Wukong, although BM: W does seems to perform greatly on Playstation.

They are talking about the past quarter, so it's Wukong.

 

[Klayzer]

It's funny how things have changed. I remember when ever China got mentioned or a Chinese company like Tencent there used to always be negative comments. Plenty of vapourware comments as well. That's aside from some of the obvious hate anything China posts. I'm glad Sony had the ambition to leverage Chinese developers. This game sure did change some opinions.

That Chinese money, actually started with Genshin Impact.

 

[winjer]

This is a very strange way to try to spin Concords failure as not being a gigantic misstep for Sony.

 

[Tams]

Another victory !

I feel personally attacked.

 

[Utamaru1706]

They are talking about the past quarter, so it's Wukong.

The article only mentions "increase in third-party sales" within the past quarter, and Genshin & ZZZ are live-service 3rd party games with constant revenue, where both of them always on Playstation Store's top 10 rank for "Best Selling", and Genshin even rarely dropped from top 5, plus Genshin won Playstation Partner Grand Award for 3 years straight from 2020-2023, which only given to games from Asian devs with the highest sales.

Besides, Genshin already generates tons of for Sony over the past 4 years, like when they scored $1 billion for them in the first 2 years of release (a.k.a $500 mil/year), so it's not too far-fetched that the "Chinese action RPG" game mentioned in this article is infact Genshin and not Wukong, considering how much money that game made.

 

[HogIsland]

I'd never play a DEI game like Wukong.

 

[Calverz]

Concord seemingly lives rent free in a lot of peoples heads.

 

[Gaiff]

Concord seemingly lives rent free in a lot of peoples heads.

Only place where it lives.

 

[Bieren]

Does this mean Sony is going to help them with a ps5pro patch?