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Former PlayStation boss Shawn Layden thinks there is a “collapse of creativity” in the games industry. The 63-year-old businessman – who was President and CEO of Sony Interactive Entertainment Worldwide Studios from 2014 to 2019 – said he believed the market’s over-saturation of sequels, spin-offs and reboots stemmed from the ever-rising cost of game development, which he theorised lowered many companies’ “risk tolerance” when it came to exploring new I.P.s. Taking to the stage at Gamescon Asia, Layden said: “Today, the entry costs for making a AAA game is in triple digit millions now. “I thin…

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