Concord closed down within 11 days, and its developers, Firewalk Studios, was unceremoniously shuttered a few short weeks later. It was a tough time for Sony, in a year when the company laid off hundreds of staff members.
The video game industry is in a very dangerous place right now.
Speaking in a recent Q&A, PlayStation President, COO, and CFO Hiroki Totoki shared his thoughts on what happened to Concord and how Sony will apply those lessons in the future.
Using an interpreter during a recent investor Q&A (via VGC) Totoki said:
"Currently, we are still in the process of learning. And basically, with regards to new IP, of course, you don’t know the result until you actually try it.
Currently, we are still in the process of learning.
“So for us, for our reflection, we probably need to have a lot of gates, including user testing or internal evaluation, and the timing of such gates. And then we need to bring them forward, and we should have done those gates much earlier than we did.
“Also, we have a siloed organization, so going beyond the boundaries of those organizations in terms of development and also sales, I think that...