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Console Business

All articles tagged with #console business

"Xbox CEO Pushes for Cross-Platform Gaming Stores, Dropping Exclusivity for Gen Z Appeal"

Originally Published 1 year ago — by Wccftech

Xbox boss Phil Spencer is considering dropping exclusivity and allowing storefronts like Epic Games Store on Xbox to stimulate industry growth, citing concerns about stagnant console business and ballooning game development costs. He believes that appealing to Gen Z, who are accustomed to cross-platform accessibility, is crucial for Xbox's relevance. However, skepticism remains about the effectiveness of these strategies as Xbox struggles to compete with Nintendo and Sony in the console market.

technology gaming console-business exclusives gaming industry-growth phil-spencer xbox

"Microsoft's Console Plans: Exclusives, Starfield, and Indiana Jones on PS5?"

Originally Published 1 year ago — by IGN

Xbox boss Phil Spencer reportedly reassured employees that Microsoft has no plans to stop making consoles during an all-hands meeting, amidst speculation about the future of Xbox and its exclusives. This comes at a time of concern for the Xbox brand, with rumors about first-party games going multiplatform and Microsoft potentially exiting the console business. However, a leaked report suggests that Xbox is here to stay, at least in the short term, with plans for mid-generation console refreshes and a next-gen Xbox. Microsoft is set to host a business update event this week to share more details about the future of Xbox.

technology gaming console-business gaming gaming-industry microsoft phil-spencer xbox