PlayStation 5 users may need to temper their expectations for new exclusive blockbuster games in the near future, as Sony has recently stated that there won't be any major exclusives, like new entries in the God of War or Marvel's Spider-Man franchises, releasing from April 2024 to March 2025. This announcement was made during Sony's latest financial results call, where Hiroki Totoki, Sony’s president, COO, and CFO, mentioned that while major projects are in development, none of them would be hitting the market in the next fiscal year. Instead, Sony's focus remains on high-quality productions and live service games.

Despite a lack of upcoming exclusives, PlayStation's recent software sales statistics show a positive trend, with an increase of 3.2 million units sold year-over-year across PS4 and PS5 titles. Moreover, the PlayStation 5 is currently transitioning into the latter half of its lifecycle and is expected to see a gradual decline in unit sales. This strategic move aligns with Insomniac Games celebrating the milestone of Marvel's Spider-Man 2 selling over 10 million units, leading to an overall series sales reaching a remarkable 50 million units. As PS5 enters its fifth year, Sony appears to be taking a calculated approach, possibly preparing for the next big wave of games after a successful run of major titles.

Will the PS5 see a decline in new game releases?

While major new exclusives won't be released for the PS5 between April 2024 and March 2025, this doesn't necessarily mean a decline in new game releases overall. Sony will continue to focus on delivering high-quality productions and explore the live service game space during that time.

For context, God of War: Ragnarok is the latest installment in the popular God of War series, developed by Santa Monica Studio. It's known for its action-adventure gameplay and narrative that continues the Norse mythology story arc started in the 2018 series reboot. Marvel's Spider-Man and its sequel Marvel's Spider-Man 2 are developed by Insomniac Games and follow the story of Peter Parker in a detailed and immersive open-world New York City, fully utilizing the capabilities of the PS5's hardware to deliver a visually stunning gaming experience. The financial results and subsequent game sales milestones strongly suggest that while there may be a temporary gap in blockbuster exclusives, the PlayStation brand remains robust with a dedicated player base and the potential for future growth.