3min snip

Acquired cover image

SONY

Acquired

NOTE

How Sony Almost Shut Down Their Gaming Division in the Early Days

Sony has three options at this point, as nintendo expects, they can completely give up. The video game industry is a 180 billion dollar industry compared to hollywood, which is 50 billion dollars. And from a profits perspective, i'm pretty sure it's close to 50 %, at least last quarter. Sony had so much more financial resources than either of them, so they could afford to take much larger losses on consul sales to play forthe longer term game of getting as much software sales as possible.

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