Michael Pachter Criticizes Sony Again
Once again, Michael Pachter has voiced his criticism of Sony, declaring the company to be “terrible” and claiming that they are jeopardizing their position in the video game industry. In a recent discussion with Yahoo Finance regarding the sale of Electronic Arts, Pachter was asked for advice for investors looking to enter the video game market without much expertise.
Future of Gaming According to Pachter
Pachter was quick to dismiss Sony as a viable investment target, stating, “The Sony is a terrible company and is actually failing in the video game industry.” He then went on to speculate about the future of gaming, suggesting that games will transition to connected TV and emphasizing the importance of companies that can deliver games in a similar manner to how movies are provided through Netflix.
He highlighted the significance of cloud providers and artificial intelligence in delivering free games on TV, pointing out that investing in companies driving these innovations would be a wise move. Pachter also disclosed his investment in Playtika, expressing confidence in the company’s potential for significant returns.
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