
Today I’m pleased to share an important new moment in PlayStation history that will power the next 20 years of PlayStation innovation.
We are announcing the formation of a new company called Sony Interactive Entertainment LLC (SIE) that will serve as the headquarters for everything PlayStation. This new company, headquartered out of the United States in San Mateo, California, joins the forces of both Sony Computer Entertainment Inc. and Sony Network Entertainment LLC, combining the strengths and talents of both companies.
The formation of SIE will create an even stronger PlayStation. That means an even bigger emphasis on developing pioneering platforms like PS4 and PlayStation VR, world-class games from our Worldwide Studios development teams, and innovative network services such as PlayStation Vue.
It also means a renewed commitment to making PlayStation the best place to play.
Thank you for joining us on this important step in PlayStation history. And as always, we are deeply grateful for your continued support and feedback. We’re excited to undertake this next step in PlayStation history with you!
Excite.
(Yawns)
Sounds interesting, best of luck to everyone!
VIB RIBBON 2 INCOMING
Uhhhh…so in lehmans terms, this means?
Two companies can do more as one than separate.
Network used to handle this suite of services
Ps video
Ps store
Ps vue
Ps music
Etc…
Scei handled
World wides studios
Hardware division
Third party relations
Etc
Now they have a shared revenue, shared engineers, shared think tanks etc.
More innovation can happen with the immediacy of being the same company and the shared work force/revenue.
So profits from either division are now going to be put right back into another growth area instead of wait for a new iniative.
Essentially this means that Playstation is for all intents and purposes separate from the major Corporate Sony at this point. Obviously they’re not a new company severing all ties with the Sony corporation as a whole they are just their own entity now.
Not much really changes in regards to you or I playing Playstation though.
Ahh that makes more sense. I was dead tired reading this last night so it didn’t click with me they were merged and I thought this was a 3rd entity lol.