
Insomniac Games is wholly owned by Sony Group Corporation (TSE: 6758) through Sony Interactive Entertainment. Sony acquired the Burbank, California studio in November 2019 for approximately $229 million. The studio is led by co-studio heads Ryan Schneider, Jen Huang, and Chad Dezern following founder Ted Price's retirement in March 2025.
Parent Company
Acquired
2019
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Insomniac Games | Sony Group Corporation | Wholly owned |
Ted Price founded the company on February 28, 1994, in Burbank, California, originally calling it Xtreme Software. He renamed it Insomniac Games later that year. The studio's first title, the first-person shooter Disruptor for the original PlayStation, arrived in 1996.
The studio broke through with Spyro the Dragon in 1998, followed by two sequels, which made Insomniac one of the PlayStation's most reliable partners. It then created Ratchet & Clank for PlayStation 2 in 2002, a franchise that ran for two decades and produced more than a dozen games, including a 2016 animated film.
Insomniac diversified under independence. It built the Resistance trilogy for PlayStation 3, the multiplatform shooter Fuse for EA in 2013, and the Xbox One exclusive Sunset Overdrive for Microsoft in 2014, the studio's most notable non-Sony project. It also developed virtual reality titles for Oculus.
Marvel's Spider-Man, released in 2018 for PlayStation 4, became the studio's largest hit and the best-selling superhero game of its era. Sony moved to acquire the studio the following year. Insomniac then shipped Marvel's Spider-Man: Miles Morales and Ratchet & Clank: Rift Apart as PlayStation 5 launch-window titles, followed by Marvel's Spider-Man 2 in October 2023.
In December 2023 the studio suffered a major ransomware attack by the Rhysida group, which leaked more than a terabyte of data including early Wolverine footage, a development roadmap, and employee personal information. Sony declined to pay the ransom.
Ted Price retired in March 2025 after 31 years, handing the studio to co-heads Ryan Schneider, Jen Huang, and Chad Dezern. Marvel's Wolverine, announced in 2021, is scheduled for release in fall 2026.
Who owns Sony Group?
Sony Group Corporation is a publicly traded company listed on the Tokyo Stock Exchange under ticker 6758 and on the New York Stock Exchange under ticker SONY. Ownership is distributed among institutional investors, with no single controlling shareholder. The company conducted a five-for-one stock split effective October 1, 2024, to make shares more accessible to retail investors.
What is Sony's revenue?
Sony reported FY2025 revenue of ¥12.48 trillion ($82.7 billion) from continuing operations, up 4 percent year over year. Operating income was ¥1.45 trillion, up 13 percent. For FY2026, Sony raised its revenue forecast to ¥12.5 trillion ($78.5 billion) and its operating profit forecast to ¥1.72 trillion ($10.8 billion), which would be a record. Q1 FY2026 revenue was ¥2.837 trillion ($17.8 billion), up 8 percent.
What happened to Sony's financial services business?
Sony completed the partial spin-off of Sony Financial Group Inc. (SFGI) on October 1, 2025. Sony distributed approximately 83.6 percent of SFGI shares to Sony shareholders as dividends in kind and retained a 16.40 percent stake. SFGI was listed on the Tokyo Stock Exchange Prime Market on September 29, 2025. SFGI is no longer a consolidated subsidiary of Sony but is accounted for as an affiliate using the equity method. The spin-off allows Sony to focus on its entertainment and technology businesses.
How many PlayStation users are there?
PlayStation had 125 million monthly active users as of June 2026, up 2 percent year over year. Total playtime during the June 2026 quarter decreased 4 percent from the year-prior period, though Sony said user engagement remained solid. Sony sold 1.5 million PS5 units in the June 2026 quarter, down from 2.5 million in the year-earlier period, reflecting the console's position in the latter part of its lifecycle.
What brands does Sony own?
Sony owns brands across gaming, music, film, and electronics. Key brands include PlayStation (gaming), Sony Music Entertainment and Sony Music Publishing (music), Sony Pictures Entertainment and Crunchyroll (film and streaming), Bravia (televisions), Alpha (cameras), and Bungie (game development). Sony also licenses its brand to SFGI for financial services following the spin-off.
Is Sony profitable?
Yes. Sony reported FY2025 operating income of ¥1.45 trillion ($9.6 billion) from continuing operations, up 13 percent year over year. Net income from continuing operations was ¥1.03 trillion ($6.6 billion). For FY2026, Sony forecasts operating income of ¥1.72 trillion ($10.8 billion), which would be a record. The company plans to pay a dividend of ¥35 per share for FY2026, up ¥10 from FY2025.
Where is Sony headquartered?
Sony Group Corporation is headquartered in Tokyo, Japan. The company has been based in Tokyo since its founding in 1946. Sony operates globally with manufacturing facilities in Japan, China, Malaysia, and Thailand, and offices and studios around the world. The company employs approximately 113,000 people.
Marvel's Spider-Man won numerous awards for design and accessibility and was a commercial milestone for superhero games. Ratchet & Clank: Rift Apart won technical recognition for its use of the PS5's SSD for dimension-hopping gameplay, and Marvel's Spider-Man 2 received multiple nominations at The Game Awards and BAFTA.
The studio's culture has also been recognized. Insomniac has repeatedly appeared on best-places-to-work lists in the game industry, a distinction Price cited as one of the achievements he was most proud of.
The December 2023 ransomware attack was the largest crisis in the studio's history. The Rhysida group published more than 1.6 terabytes of stolen data after Sony refused to pay, exposing an early Wolverine build, casting information, a multi-year development slate, and personal data of current and former employees. The studio notified affected staff and offered credit monitoring.
The hack also surfaced internal discussions about budgets and staffing, fueling public debate about the rising cost of AAA development. Sony has not publicly detailed the full impact of the breach.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Sony Group | USA | 1984 | Mass market | Global | All Genders | |
| Sony Group | Japan | 2020 | Premium | Global | All Genders | |
| Sony Group | USA | 1991 | Mass market | Global | All Genders | |
| Sony Group | Japan | 1994 | Premium | Global | All Genders |
Media EntertainmentOwned by Sony Group Corporation
Sony-owned video game developer behind Crash Bandicoot, Uncharted, and The Last of Us. Based in Santa Monica, California, and part of PlayStation Studios since 2001.
Consumer ElectronicsOwned by Sony Group Corporation
Sony's fifth-generation home video game console, developed by Sony Interactive Entertainment with advanced SSD and graphics technology.
Media EntertainmentOwned by Sony Group Corporation
American video game studio founded in 1991, creator of Halo and Destiny. Acquired by Sony in 2022 for $3.6 billion and is being integrated into PlayStation Studios.
Consumer ElectronicsOwned by Sony Group Corporation
Sony's flagship gaming brand encompassing consoles, games, online services, and subscription platforms, operated by Sony Interactive Entertainment.
Market Positioning: Insomniac Games competes with 4 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Looking for brands with different ownership structures? These similar brands are not owned by Sony Group Corporation, giving you alternative choices that support different corporate structures.
Media EntertainmentOwned by Electronic Arts
Apex Legends is Electronic Arts' free-to-play battle royale shooter, developed by Respawn Entertainment and launched in 2019 as one of EA's flagship live-services franchises.
Apex Legends is privately owned, unlike Insomniac Games which is under a publicly traded parent company.
Media EntertainmentOwned by Electronic Arts
Battlefield is Electronic Arts' military shooter franchise, known for large-scale multiplayer warfare, which relaunched to record success with Battlefield 6 in October 2025.
Battlefield is privately owned, unlike Insomniac Games which is under a publicly traded parent company.
Media EntertainmentOwned by Electronic Arts
EA Sports is Electronic Arts' sports gaming label, publisher of EA Sports FC, Madden NFL, and other sports franchises that anchor the company's live-services business.
EA Sports is privately owned, unlike Insomniac Games which is under a publicly traded parent company.
Media EntertainmentOwned by Electronic Arts
EA Sports FC is Electronic Arts' soccer video game franchise, the rebranded successor to FIFA that launched in 2023 after EA ended its 30-year FIFA licensing partnership.
EA Sports FC is privately owned, unlike Insomniac Games which is under a publicly traded parent company.
Media EntertainmentOwned by Electronic Arts
Video game publisher behind EA Sports FC, Battlefield, The Sims, and Madden NFL, acquired by a PIF-led consortium in August 2026.
Electronic Arts is privately owned, unlike Insomniac Games which is under a publicly traded parent company.
Media EntertainmentOwned by Epic Games
American video game company behind Fortnite, Unreal Engine, and the Epic Games Store, majority-owned by founder Tim Sweeney with Tencent holding a 40% stake.
Epic Games is privately owned, unlike Insomniac Games which is under a publicly traded parent company.
Discover popular brands and companies in the Media & Entertainment category and related searches from other users.

Influential British independent record label founded in 1979, known for a distinctive visual aesthetic and a roster spanning Cocteau Twins, Pixies, The National, and Grimes.

Major American broadcast television network with a rich history in news, entertainment, and sports programming, serving as a cornerstone of Disney Entertainment Television within The Walt Disney Company.

Video-game publishing identity owned by Microsoft since its $68.7 billion acquisition closed in October 2023.