Microsoft Teases Update for Xbox Business: Exclusive Games for Competitors?

2024-02-05 23:50:48

© Reuters. Microsoft (MSFT.US) will update its Xbox business next week or introduce exclusive resources to competing game consoles

Zhitong Finance has learned that Phil Spencer, head of Microsoft’s (MSFT.US) video game business, said he will announce more information about its plans next week. Earlier reports said that Microsoft would introduce some Xbox-exclusive games to competitors Sony’s (SONY.US) PlayStation and Nintendo’s Switch game consoles. “We’re listening, and we hear you,” Spencer said. “We’ve been planning a business update event next week, and we look forward to sharing more details with you about our vision for the future of Xbox. Stay tuned.”

According to XboxEra, Microsoft plans to release the role-playing game “Starfield” developed by Bethesda Game Studio on PlayStation 5. According to reports, Bethesda’s “Raiders of the Lost Ark” may also be launched on the PlayStation platform, and “Hi-Fi Rush” will soon be launched on non-Xbox platforms. The reports follow weeks of market speculation about the measure. Some Xbox fans complained on social media that the moves would erode the value of their consoles, making them less likely to buy new Xbox devices in the future.

Microsoft’s gaming business has endured a turbulent month as the company continues to integrate Activision Blizzard (ATVI), which it acquired last October. Two weeks ago, Microsoft cut 1,900 jobs in its gaming division, many of them at acquired companies. Last Monday, Xbox named Johanna Faries as the new president of Activision Blizzard, as Microsoft attempts to kick-start game sales growth.