Though videogames can be massive sellers (witness those billion-dollar debuts last fall for Grand Theft Auto V and Call of Duty: Ghosts), every title faces rapid obsolescence, at least in gamers’ eyes. Three years after hitting the shelves, even the hottest titles can look woefully quaint compared to the latest stuff. That creates a wildly different set of economic realities compared to Hollywood, where so much money is made from library titles, produced (and paid for) years ago and the sold, repackaged, and sold again on various distribution platforms around the globe.
But Sony’s game unit is now trying to make a similar library play with its deep collection of titles stretching back to the launch of the first PlayStation 20 years ago. Today Sony Computer Entertainment launched the open beta test of its PlayStation Now network, which will feature more than 100 updated, rentable versions of its older titles, including hits such as Spyro the Dragon from L.A.-based Insomniac Games.