Microsoft has announced that it is canceling a their would be exclusive Scalebound. Leaving Platinum Games in the dust. But, this isn't the first time this generation that Xbox pulled the plug on a big production. It's not even the second time. Which has left Microsoft in a tough spot. Where 2017 is a lack of exclusives for Microsoft. When Xbox needs more exclusive IP the most it seems 2017 maybe a dry year for Microsoft. Sony is going to take advantage of that this year with a slew of exclusives from Playstation that is slated this year. Why does Playstation get a pass?
Microsoft announced its financial results for Q3 of fiscal year 2026, including an update on its gaming Xbox business and more.
Not looking good. Hopefully Asha Sharma is able to turn Phil’s disaster around.
To me it's still quite remarkable how they can cash-in 5.3bn in revenue in a single quarter, since their hardware is basically dead.
The stock mark is what makes Microsoft remarkable, They have convinced every institutional and retail investor to just keep piling money into them. Like many big tech giants they are just a big growing pyramid scheme. As long as people keep dropping money into ETF's that cover the market Microsoft will always be liquid. At the same time it is completely stifling innovation and competition. People need to start being more discreet in how they invest their money as it's killing the system.
Riiiiight because people will just flock back to them for one or two games per year.
15+ years of bad performance is what they call irreparable in business. It is time for them to sell off the assets and get out of entertainment.
These declines are on the back of extra revenue received from releasing games like Forza horizon 5 on PlayStation. So I’m being sarcastic here when I said they should go back to exclusives. Killing off a revenue stream from Ps5 sales will only make things worse
Spiders: "We're going to cut straight to the chase so you're not left wondering: After a long period without clear answers, we have received confirmation that Spiders is being liquidated.
What does it mean? This means the company as a whole no longer exists. We'll cease our functions immediately. The planned DLC will release via Nacon, and then-- well, that's it.
We're sorry that it's come to this and would like to thank each and every one of you for your support over the years.
If you have any questions or run into issues with your games, please contact Nacon directly as we'll no longer be able to reply."
I wonder what company or SONY themselves will just suck this one up and keep it going? Heard it hear first ;) :P
Microsoft better have a two hour long E3 conference. One hour for Scorpio & another hour for games
Fable Legends ring a bell?
If PG kept the IP, they could've pulled a Sleeping Dogs move and re branded the game under a different title. But MS owns the IP so the chances of that happening are slim.
Doesn't bode well, and correct me if I'm wrong but isn't Crackdown 3 in a precarious place too? I was seriously thinking of getting an XB1 just to play that game!