Sony DEMOTES PlayStation Boss After Concord FLOP! BIG Changes Coming!

Herman Hulst's reign of terror at PlayStation will be short lived. Massive executive shakeups are happening at Sony and as a result, Hulst has been demoted and will no longer be the Co-CEO of PlayStation.

Hulst bet it big that Live Service games were the future for Sony, but they lost immensely in 2024. One of his pet projects was Firewalk Studios and Concord, as he believed in the team very strongly. Good news for Herman, he can join all Firewalk employees on the unemployment line!

Sources:
VG Chronicle: https://www.videogameschronicle.com/news/there-are-no-victims-in-xboxs-multiplatform-era-says-former-playstation-exec/
Variety: https://variety.com/2025/biz/news/sony-corp-shake-up-hiroki-totoki-ceo-hideaki-nishino-playstation-1236289299/
KAMI: https://x.com/Okami13_/status/1884424181812547684

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