The deal, announced on Monday by Sony Interactive Entertainment CEO Jim Ryan, comes after Reuters reported last month that Discord had ended sales talks with Microsoft to focus on expanding its business as an independent company.
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Discord allows public and private groups to gather and chat by text, voice, and video. It initially became popular with gamers and streamers, but is now used by communities ranging from sports enthusiasts and music groups to cryptocurrency investors.
“Our goal is to bring the Discord and PlayStation experiences together on console and mobile starting early next year,” Ryan said in a blog post. Sony and Discord have not disclosed the value of the investment.
Discord has over 140 million monthly users and its business model is based on a premium subscription service. In December, the company raised $ 100 million in a private financing round of $ 7 billion.