No, that was the total revenue. So third-party sales + first-party sales + MTX + every other revenue. And the problem with subscription services is that you pay developers to get their games on those services. On the other hand, developers pay you to sell their software on your platform.
I wouldn't say that PS has bad management because PS+ already is the biggest gaming subscription in the industry. That's 2.5x better than Gamepass. PS is already the biggest gaming brand. If that is after the bad management, what does that say about management in other companies.
PS Now games (PS2 and PS4 games) are already downloadable.
We can do "would, could", but the fact is that subscription services in gaming haven't proven to be a success yet. GP has 18 million subscribers but that's just converting Gold subscribers at the moment by asking them to pay $1. What happens when they cross that threshold of their existing Gold subscriber counnt? Perhaps that's what we are seeing with PS Now with only 3-4 million subscribers.
Ps+ isn't even close to gamepass. That is just false.
You need to actually be present for those months to claim ps+games. Its very useful to old people, who have been with Playstation for long.
But its highly bad for new people, of you compare it to gamepass.
Day1 also changes the favor to gamepass.
As for the bad management, its their advertisement, or promoting their products. Especially the psnow. Its still baffling that it has 3.1m players, ever since it was made.
You have a bigger platform. Advertise it on your store. Let people know that you have this good service. Put some attention to it. Put your past 4 years old 1st party games, permanently on the service. At least try to make it more appealing.