According to Lazard Capital Markets’ analyst Colin Sebastian, Sony’s PlayStation Network is in pretty good shape these days. “Online continues to ramp on PSN. The PSN currently has 75 million registered accounts worldwide (half of which are in North America), with over 1.4B pieces of content downloaded since launch,” he explains.
And it shouldn’t be any real surprise that, like just about every other platform in 2011, the PSN is rapidly expanding with casual and social gamers. But would you believe what the PSN’s most downloaded title is?
“PSN appears to be gaining traction tapping into the casual and social gaming market with titles such as Angry Birds which is the most downloaded game through the PSN (it was launched in January 2011),” he says. Is there any platform that game isn’t going to thoroughly dominate?
“PSN is also seeing good success with freemium/microtransaction models. We think this could be a significant move for PSN because it can allow casual game publishers, in addition to traditional game publishers, to leverage the PS3 as a gaming platform,” he adds.