• Loading stock data...
Monday, June 30, 2025

Sony Acquires Another Gaming Studio

  • Sony acquired Texas-based video game developer Bluepoint Games.
  • The Japanese tech giant adds to its growing portfolio of first-party studios.
PlayStation/Design: Alex Brooks

Sony acquired Texas-based video game developer Bluepoint Games on Thursday, adding to its growing portfolio of first-party studios. Terms were not disclosed. 

Bluepoint is the studio behind the remake of “Demon’s Souls” for PlayStation 5, which has sold more than 1.4 million copies since its November 2020 release, and the “Metal Gear Solid HD Collection” remake. Now, the studio will have funding to produce original content.

Sony has been aggressively expanding its gaming reach through a series of acquisitions.

  • The company acquired Housemarque in June, the studio behind PS5 hit “Returnal.” 
  • In July, it bought Netherlands-based Nixxes Software to strengthen PlayStation Studios.
  • Earlier this month, it acquired Liverpool-based gaming company Firesprite. 

Microsoft, comparatively, has been quiet on the gaming acquisitions front ever since it finalized its blockbuster $7.5 billion purchase of ZeniMax Media in March. ZeniMax is the parent of Bestheda, which makes hits like “The Elder Scrolls” and “Fallout.”

Sony posted a record operating profit of $2.57 billion in fiscal Q1 — a 15% increase year-over-year — thanks to the PlayStation 5 console, which at 10 million-plus global units since November 2020, makes it the fastest-selling console in Sony’s history.

The company has raised its financial outlook for the year up to $6.4 billion from $6.02 billion.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

The Battle Over Wimbledon’s Ambitious Expansion Plan

A classic NIMBY standoff on one of the most hallowed grounds in sports.
Seattle Rough & Tumble

Women’s Sports Bars Are on the Rise. Survival Isn’t Guaranteed

Some women’s sports bars are cashing in. Others are clawing for funding.

Shitposters Have Taken the Reins of Pro Sports’ Official Voices

Meet the social media pros turning sports teams into internet trolls.
Jun 17, 2025; Sunrise, Florida, USA; Florida Panthers center Sam Reinhart (13) hoists the Stanley Cup after winning game six of the 2025 Stanley Cup Final against the Edmonton Oilers at Amerant Bank Arena

Stanley Cup’s International Summer Tour: Rules, Repairs, and Raucousness

No pro trophy tour compares to the NHL’s three-month global victory lap.

Featured Today

Mar 15, 2025; Fort Worth, TX, USA; UAB Blazers forward Yaxel Lendeborg (3) dribbles the ball upcourt against the North Texas Mean Green during the first half at Dickies Arena

NIL Is Shrinking the Pool of NBA Draft Entrants

Agents are now advising many players to stay in school.
Apr 24, 2025; Green Bay, WI, USA; Penn State Nittany Lions defensive end Abdul Carter on the red carpet before the 2025 NFL Draft at Lambeau Field
June 21, 2025

‘More Is More’: The Elite Luxury Jewelers Decking Out Athletes

Meet the elite group of luxury designers crafting the biggest statement pieces.
Dec 5, 2024; Miami, FL, USA; FIFA president Gianni Infantino presents the FIFA Club World Cup trophy during the Club Word Cup draw at Telemundo Studios.
June 15, 2025

Revamped Club World Cup Is FIFA’s Billion-Dollar Gamble

The revamped soccer event debuts amid controversy.
Jun 10, 2025; Nashville, Tennessee, USA; United States head coach Mauricio Pochettino stands during the anthem against the Switzerland during the first at Geodis Park
June 14, 2025

Gold Cup Is Complicated for USMNT—but U.S. Soccer Has Its Eyes on..

Uncertain tournament success isn’t fazing forward-looking U.S. soccer.

Thunder Favored, but Bettors Backing Pacers Big in NBA Finals

The most bet-on exact series outcome is the Thunder winning in five.
Fanduel
March 4, 2025

FanDuel Retains Sports Betting Crown With $14B in 2024 Revenue

The FanDuel parent company posts big increases in revenue and net income.
May 8, 2025

FanDuel Misses Projections As Betting Favorites Dominate 

FanDuel is hit by customer-friendly betting outcomes during March Madness.
Sponsored

Hottest Matchups Following NFL Schedule Release

The NFL released the 2025 regular-season schedule, and anticipation is already building in the ticket marketplace with four months to go.
February 20, 2025

Americans Bet $148 Billion on Sports in 2024, Up 23.6%

Both overall handle and revenue rose by more than 20% last year.
DraftKings app
February 14, 2025

Lawsuit Says DraftKings VIP Program ‘Preyed On’ Gambling Addicts

The company’s being sued for negligence and intentional infliction of emotional distress.
August 20, 2024

Beloved ‘Backyard Sports’ Brand Says It Will Relaunch After Decade Hiatus

“Backyard Baseball” was a turn-of-the-century computer hit. 
DraftKings
August 2, 2024

DraftKings Announces Consumer Tax Starting Next Year

The company’s stock fell 5% Friday morning.