Sony expects PSN to bring in $500 million this year, up 300% YoY

Friday, 20 November 2009 14:04 GMT By Patrick Garratt


Who needs subs? Sony, speaking at an investor conference this week, has said it expects PSN to bring in revenue of $500 million this financial year, more than three times the amount of revenue achieved last year.

More than 33 million people are now registered with the service, which turned three years old this week.

Networked consoles services are clearly “in”: Xbox Live revenues rose over 50 percent in the last quarter, although exact figures remain unspecified.

There’s more on BusinessWeek.