Sony Sells Off Sony Online Entertainment, Along With Game Franchises

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As of today, Sony Online Entertainment is no more. Sony has sold off the studio/publisher to investment firm Columbus Nova for an undisclosed amount of money.

The studio will now go by a new name, Daybreak Game Company, but retain all of it's previous franchises, including Everquest and the recently released H1Z1. The studio will also pursue releasing games on new platforms. A post from a company representative (picked up by Gamasutra) reads "Effective immediately SOE will operate as an independent game development studio...and now as a multi-platform gaming company.Yes, that means PlayStation and Xbox, mobile and more."

What this means for both Sony and Daybreak Game Company has yet to be seen, but it seems like Sony is in need of some quick cash while the investment firm Columbus Nova may have just put itself into the gaming industry. For more news on Sony, Daybreak Game Company and gaming news today, keep your eyes on The Jesters Court.