SONY is trading at $21.55 (-3.12%) following confirmation that it will close Bluepoint Games, the studio behind acclaimed remakes like Demon's Souls and Shadow of the Colossus.
- The strategic cost-cutting move represents a significant shift in Sony's gaming division strategy, with a full shutdown scheduled for March 2026.
- This studio closure signals broader efforts to optimize costs amid challenging market conditions, impacting the company's gaming portfolio and future remake projects.