According to Head of Xbox, Phil Spencer, Microsoft CEO Satya Nadella has given no signal to stop acquiring studios. Game Pass and Xbox Live’s subscriber base continues to grow along with substantial growth on PC. Xbox Games Studios head Matt Booty and Phil Spencer want incoming studios to feel as an important part of Xbox. With that, they vow to continue supporting their current studios and those they will acquire. Here are the full excerpts from Gamesindustry.biz:
“We acquired quite a few new studios in a short amount of time, and we want to make sure that those studios are on-boarded in the right way,” Spencer concludes. “As Matt and I were talking about it, we just wanted to make sure that we treated the incoming studios as full parts of the organisation. That they felt supported.
“The Game Pass portfolio and subscriber base continues to grow. We’re launching a new console. Last year was our biggest year ever on PC in terms of revenue as Xbox Game Studios. A lot of the business is doing really well, so we’re always in the market for new opportunities with studios.
“The first priority was making sure the studios had the things that they needed to build the best versions of their games. That means extending some of the timelines, and giving them more budgets. We have really strong support from Satya Nadella, the CEO of Microsoft, and Amy Hood, the CFO. And there’s been no signal at all that we should be slowing down, but just to go at a pace that is maintainable for us as a leadership team. We’re always out there talking to people. But it has to be the right opportunity.”
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