Sony stresses PlayStation user engagement as hardware sales taper off

FILE PHOTO: Inside a GameStop store Sony PS5 gaming consoles are pictured in the Manhattan borough of New York City, New York, U.S., November 12, 2020. REUTERS/Carlo Allegri/File Photo

TOKYO (Reuters) - Japan's Sony on Thursday emphasised the strength of user engagement with its gaming platform as sales of the PlayStation 5 console taper off and companies in the sector look for recurring revenue.

PS5 users are spending around 25% more than during the previous PS4 console's lifecycle, boosted by add-on content and services, including the PlayStation Plus subscription option.