PlayStation 5 Set to Miss Out on First-Party Sequels for Big Franchises in 2024

Fans of PlayStation’s most beloved franchises may have to wait longer for new installments, as a Sony executive has revealed a scant lineup for first-party sequels in the coming year. Despite the completion of highly anticipated titles like God of War Ragnarok and Marvel’s Spider-Man 2, sequel releases for existing franchises won’t be part of the 2024 gaming roster.

Sony seems poised to introduce new intellectual properties (IP) instead, with the upcoming project known as Concord possibly being an exception to the sequel drought. Concord is rumored to be a first-person multiplayer game and could potentially release within the year.

As the PlayStation 5’s next major AAA game remains undisclosed, gamers have been left speculating on the future of Sony’s first-party offerings. The announcement came during Sony’s Q3 earnings call, with COO and CFO Hiroki Totoki stating that the development of major projects is ongoing, but releases for new titles from existing, major franchises are not planned for the next fiscal year.

The conclusion of major story arcs, such as those in God of War with Ragnarok, adds to the low likelihood of immediate sequels. Other franchises, including The Last of Us, have rumored developments – with storylines supposedly in the works – yet without firm game development underway. This timeline also suggests that other awaited titles, like Insomniac Games’ Marvel’s Wolverine, will not be gracing the PlayStation 5 until after March 2025 at the earliest.

In the meantime, Sony is not resting on its laurels and plans to transport successful PlayStation exclusive titles like Ghost of Tsushima, Demon’s Souls, and Gran Turismo 7 to the PC platform throughout 2024, leveraging its studios such as Bluepoint and Nixxes. This strategy aims to maintain interest in its existing game repertoire and uphold engagement across different platforms.

With a focus on expanding the PlayStation experience through new properties and transitions to PC, Sony appears to be strategically pacing the release of sequels for its flagship games. While this may leave some fans yearning for their favorite franchises, the move is likely part of a larger vision to diversify and strengthen Sony’s gaming presence across a broader audience.

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