Sony is considering acquiring more development studios as it gears up for the launch of PS5.

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Talking to Nikkei (translation via Gematsu ), Sony Interactive Entertainment president and CEO Jim Ryan said that “content is more important than ever before”. In order to secure more content, the company is considering the merger and acquisition of game developers.The thought comes to Sony as it observes new companies enter the industry, such as Google with its Stadia streaming platform . But while Sony no doubt needs to work ever harder to ensure it is competitive, the gaming giant welcomes new players in the space.“Companies new to the games industry looking at the market with hope is something we definitely welcome,” said Ryan. “Sony Interactive Entertainment has 25 years of experience in the games industry and has big assets.”Should this become more than a consideration, it will see Sony acquire more developers for its first party portfolio, meaning more studios working on PlayStation exclusive games. Exclusives have long been key to ensuring console success stories, and Sony has arguably seen this more than ever during this generation's lifespan with PS4 games such as God of War and Uncharted 4 . It seems likely that Sony would want to secure more exclusives for the upcoming PS5.We don’t know much about Sony’s next-gen plans, but we do know some of the PS5 specs , so check those out to get an idea of what the next few years hold for console gaming.

Matt Purslow is IGN's UK News and Entertainment Writer. You can follow him on Twitter