Sony plans to integrate Discord into the PlayStation console starting next year

Sony plans to integrate Discord into the PlayStation console starting next year.

discord

Jim Ryan, CEO of Sony Interactive Entertainment, announced Monday that the deal is part of a messaging platform between Sony and the PlayStation games division of a consumer electronics company that has made a minority investment in Discord. 

Reuters reported last month that Discord has concluded sales negotiations with Microsoft to focus on expanding its business as an independent company. Discord allows public and private groups to meet and chat through text, audio, and video. 

Ryan was initially popular with gamers and streamers but has now been used by communities from sports fans, music groups to cryptocurrency investors. Sony and Discord did not disclose the value of the investment. 

Discord has more than 140 million monthly users and its business model is based on premium subscription services. In December of last year, the company raised $ 100 million (approximately Rs. 7.4 billion) in a private financing round, bringing the company's valuation to $ 7 billion (approximately Rs. 51,710 million).

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