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Concord's budget surpassed $200 million, excluding the acquisition cost of Firewalk Studios

Kotaku recently reported that Concord’s budget exceeded $200 million, excluding the acquisition of Firewalk Studios, citing two sources familiar with the

Yesterday, Hermen Hulst, head of Sony Interactive Entertainment, announced the closure of Firewalk Studios along with mobile developer Neon Koi. He explained that this decision aligns with Sony’s evolving focus on long-term growth opportunities and the strategic expansion of the PlayStation brand beyond traditional console gaming. This pivot toward a more streamlined development strategy suggests a recalibration of Sony’s live-service gaming ambitions, as the company continues to explore broader market segments and consumer engagement models in an increasingly competitive landscape.

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