Tuesday, April 30, 2024
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Sony’s $229 Million Splurge is Small Change for PS4’s Spider-Man

Sony acquired Insomniac Games for $229 million, mainly in cash. Marvel’s Spider-Man brought in nearly 200 million in the first three days after release. Sony secured a bargain compared to other high-profile studio acquisitions. Sony Interactive Entertainment spent $229 million to acquire Insomniac Games according to details in a quarterly securities report filed

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