Australia markets closed
  • ALL ORDS

    7,624.30
    +23.80 (+0.31%)
     
  • ASX 200

    7,368.90
    +9.90 (+0.13%)
     
  • AUD/USD

    0.7487
    -0.0064 (-0.85%)
     
  • OIL

    71.50
    +0.46 (+0.65%)
     
  • GOLD

    1,763.90
    -10.90 (-0.61%)
     
  • BTC-AUD

    47,942.13
    -3,338.88 (-6.51%)
     
  • CMC Crypto 200

    888.52
    -51.42 (-5.47%)
     
  • AUD/EUR

    0.6308
    -0.0028 (-0.44%)
     
  • AUD/NZD

    1.0787
    +0.0009 (+0.09%)
     
  • NZX 50

    12,551.93
    +10.73 (+0.09%)
     
  • NASDAQ

    14,049.58
    -114.22 (-0.81%)
     
  • FTSE

    7,017.47
    -135.96 (-1.90%)
     
  • Dow Jones

    33,290.08
    -533.37 (-1.58%)
     
  • DAX

    15,448.04
    -279.63 (-1.78%)
     
  • Hang Seng

    28,801.27
    +242.68 (+0.85%)
     
  • NIKKEI 225

    28,964.08
    -54.25 (-0.19%)
     

Sony Strikes Deal to Get Discord Onto PlayStations Next Year

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·2-min read
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

(Bloomberg) -- Sony Group Corp. has invested in Discord and aims to get the popular social app onto PlayStations early next year, potentially connecting more than 140 million gamers to its growing console ecosystem.

The new partnership could enhance the PlayStation’s appeal for a generation of users who use Discord to chat via video or text. Sony Interactive Entertainment will make an undisclosed minority investment in the U.S. app’s Series H round, it said in a brief blog post. Its goal is to connect the Discord and PlayStation worlds on both console and mobile, letting gamers interact more easily during play.

“Our teams are already hard at work connecting Discord with your social and gaming experience on PlayStation Network,” Jim Ryan, president of the Sony unit, said in the post. “We’ll have more to share in the coming months.”

Sony, which launched its latest Playstation in November, is looking for an edge against rival consoles like Microsoft Corp.’s Xbox and Nintendo Co.’s Switch. San Francisco-based Discord, which rose to popularity alongside smash hits like Epic Games Inc.’s Fortnite., is best known for its free service that lets gamers communicate by video, voice and text.

People stuck at home during the pandemic also increasingly used its technology for study groups, dance classes, book clubs and other virtual gatherings. Discord has said that it had 140 million monthly active users in December, up from 100 million in June 2020.

It’s said to have rejected a $12 billion takeover from Microsoft, while fielding investment or takeover interest from the likes of Twitter Inc. and Amazon.com Inc. that valued Discord at as much as $15 billion to $18 billion, Bloomberg News has reported. The startup is now said to be focused on a potential public listing in the long term.

Read more: Discord Is Said to Reject Microsoft’s $12 Billion Offer

For more articles like this, please visit us at bloomberg.com

Subscribe now to stay ahead with the most trusted business news source.

©2021 Bloomberg L.P.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting