PlayStation boss Jim Ryan has confirmed that more acquisitions are planned.

The past year has seen both Microsoft and Sony step up its acquisition game, with Xbox adding Bethesda and Activsion Blizzard to its ranks and PlayStation obtaining studios like Housemarque, Firesprite, Bungie, and Haven Studios. If you thought that was the end of it, you're mistaken, as PlayStation boss Jim Ryan says that it's going to keep going.

Related: Put PS3 Indie Gems Pain And Fat Princess On The New PlayStation Plus, You Cowards

As reported by VGC, Jim Ryan appeared on the latest PlayStation podcast, and talked a bit about the company's plans for acquiring more studios in the future. He said, "We’re in a really good place with PlayStation Studios and have been for the past few years. The critical success and the commercial success of the games that they’ve been making... that has given us permission to invest heavily in content creation."

Ryan continued, "He added: “We’re growing our studios organically and we’re growing through acquisition. We acquired five studios during the course of 2021, we’re in discussions with Bungie and we have more planned. This is getting us into a virtuous cycle where success begets success.”

Jim Ryan didn't give any hints as to who PlayStation might look into acquiring, but it's reasonable to assume that it'll be a developer that has had history with the company, similarly to other purchases it has recently made. The rumour mill has suggested that it might go for something like Konami, but nothing has been announced and we've been burnt on rumours like that before.

That's not all that Ryan had to say on the podcast however, as he also went into detail on why PlayStation isn't putting its games on PlayStation Plus Premium on day one, "Now, I have to say, putting these games into a subscription service immediately upon their release would break this virtuous circle, and we wouldn’t be able to invest in the way that we’re currently able to. So we’re not doing it. We’re going to stick to the approach that we have and has served us well under many years now.”

Next: The PS1 Spider-Man Game Needs To Be On PlayStation Premium