Published on: 11/03/2022
PlayStation to disappear in 10 years, analyst predicts
Wedbush Securities analyst Michael Pachter known for his bold predictions in the video game industry has made yet another bold prediction. This time, Pachter predicted popular video game brand PlayStation “is going to cease to exist” in 10 years.
The video game analyst made his claim in an interview with Dealer Gaming, he continued that PlayStation will no longer be able to compete or “have no chance of competing”.
“I think Playstation is doomed and I think they’re going to cease to exist as we know them in about ten years. They can’t compete. They have no chance of competing,” Pachter said.
More about Pachter’s prediction
The 66-year-old continues on explaining that, after Microsoft’s acquisition has been finalized and all titles associated with Activision Blizzard are included in the Xbox Game Pass, players will eventually swarm the console with an estimate of 10 million new users.
Moreover, Pachter acknowledged that Sony is ahead of Microsoft, console sales-wise but not a couple of years back. However, in the long run, Microsoft and Xbox Game Pass will be too popular that they cannot resist it mainly due to the content as well as the amount made available to players.
Following the amount of fan-beloved titles which are now owned by Microsoft and Xbox Game Pass, Pachter believes that Sony will not be able to compete against the tech giant. Truth to be told, the analyst’s bold prediction might be going on to something.
According to him, having as many titles is the key to the future as well as the end game to the blue and green console wars.
Pachter emphasizes the importance and significance of the content library in his prediction. In the case of Microsoft, the multinational technology corporation has Bethesda’s parent company ZeniMax Media, which allows Microsoft to the studio’s hit franchises from Fallout, DOOM, Dishonored, The Elder Scrolls, Wolfenstein and more. Microsoft’s title library expands bigger if Activision Blizzard’s titles are included.
A thing or two from Netflix
Adding to the prediction and how important a content library is Netflix, is undoubtedly the leading and key player in the live streaming scene. Unlike other fellow streaming platforms namely Disney Plus, Amazon Prime, Hulu and many more, Netflix has the largest content which spans over genres as well as studios.
Other streaming platforms are often bounded with each studio’s exclusive titles and releases. Exclusive means unique, but does not equal quantity. Two things that Netflix aces.
A similar thing can be applied to Microsoft as the company ventured on its journey of acquisition and worth mentioning that Xbox Game Pass recently has planned to expand its subscription services to Valve’s popular video game digital distribution service, Steam, as Valve has no plan to release its own subscription service.
While the future remains unclear, there is not much to say about what can be made from Pachter’s prediction. But the analyst appears to have made a great point in the importance of various and unique content made available for players. Whether it is blue or green to come on top, only time will tell.