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Chronicles

The story behind the story

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Sources detail Xbox's big reset after its Game Pass strategy failed; Xbox spent nearly $80B on content deals, but gamers prefer to stick with a handful of games

Microsoft's Xbox to Cut 3,200 Jobs, Divest Studios in Overhaul.  Microsoft Corp.'s Xbox spent nearly $80 billion in the last decade …

Bloomberg Cecilia D'Anastasio

Discussion

  • @cecianasta Cecilia D'Anastasio on x
    New: Behind Xbox's big reset was a failed Game Pass strategy. Xbox spent nearly $80b in deals for content that it hoped would grow the subscription service. Instead, Game Pass lost subscribers. Deep dive: https://www.bloomberg.com/...
  • @thereddragon @thereddragon on x
    In a few years you'll be writing about the current strategy also failing
  • @knoebelbroet Knoebel on x
    Xbox used 'Minecraft's profits to fund other games in its portfolio. “Profits from Minecraft considered one of the most successful video games in the world, were used to fund the rest of the gaming portfolio according to the person familiar with Xbox operations.” [1/2] [image]
  • @digitalwolfgun @digitalwolfgun on x
    “While big multiplayer games will still be available on all the major platforms, Microsoft will make more of its best titles exclusive to Xbox so gamers have a reason to buy its console.”
  • @6d6f636869 Takashi Mochizuki on x
    really great reporting by @cecianasta. Personally, shocked to see this line: “Research from Circana shows that the majority of US gamers buy two games at most per year and a third of the market doesn't even purchase one.” https://www.bloomberg.com/...
  • @rolanberrypie @rolanberrypie on x
    “Profits from Minecraft, considered one of the most successful video games in the world, were used to fund the rest of the gaming portfolio, according to the person familiar with Xbox operations.” To all of my children in whom life flows abundant...
  • @marypcbuk Mary Branscombe on bluesky
    gamepass got *really* expensive and subscription revenue is a hell of a drug [embedded post]
  • r/xbox r on reddit
    Behind Xbox's Big Layoffs, a Streaming Strategy That Failed |  Bloomberg
  • r/Games r on reddit
    Behind Xbox's Big Layoffs, a Streaming Strategy That Failed
  • Pure Xbox Fraser Gilbert on x
    Xbox Game Pass Reportedly Drops To 30M Subscribers, But Has ‘Started To Grow Again’