Investors Seem Happy with Sony Binning Physical Media

Investors Seem Happy with Sony Binning Physical Media

From DualShockers (Written by Scott Baird) on | OpenCritic

Video game fans worldwide might be furious over Sony's decision to scrap physical media for PlayStation systems, but that hasn't stopped the stock from soaring, pleasing the company's investors.

Sony has announced that it will stop making discs for PlayStation games in January 2028, meaning all titles released after that point will be digital-only. Naturally, both the gaming publicn and industry at large has responded poorly to this choice, as it removes actual ownership of games, and will pull the plug on the already struggling stores that specialize in physical releases.

Questions of ownership aside, the shift to digital is being treated as a positive by people within the industry. Investing.com has reported that Sony stock has risen 3.2% on the Tokyo Exchange in response to the news, with its US shares going up around 2.9%. This marks a huge win for the company, though it's unclear how long the uptick will last.

Sony Is Making Way More Money With The Shift To Digital

The main reason why Sony is moving away from discs is that most gamers have already made the move to digital, preferring instant access to waiting for physical media to arrive. If discs were as...

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