Overview
- Studios chief Matt Booty said Xbox is competing for attention with platforms like TikTok and movies rather than with rival consoles.
- Halo: Campaign Evolved will launch on PS5 next year, marking the franchise’s first appearance on PlayStation.
- Microsoft has broadened releases beyond Xbox, with former exclusives such as Indiana Jones and the Great Circle, Forza Horizon 5, and Gears of War: Reloaded reaching other platforms.
- Bloomberg reporting describes expectations for profit margins above industry norms, aligning with Microsoft’s 50% hike to Game Pass Ultimate and two Xbox console price increases this year.
- Booty acknowledged layoffs earlier this year that reportedly affected around 9,000 employees, alongside canceled projects and the closure of The Initiative.