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Xbox Has Had More Studio Closures Than First Party Game Releases So Far In 2024 (twistedvoxel.com)

submitted 6 months ago by Hypx@fedia.io to c/games@lemmy.world

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We've almost reached the end of the 1st half of 2024, and Xbox has had more studio closures than first party game releases in the year so far.

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[-] paraphrand@lemmy.world 7 points 6 months ago

It seems weird for a platform holder to do this.

[-] TachyonTele@lemm.ee 11 points 6 months ago

They also now own all of the IP those studios created.

[-] Mikelius@lemmy.world 1 points 6 months ago

Sure, but what good is an IP if you can’t generate new products to attract and keep users?

[-] TachyonTele@lemm.ee 2 points 6 months ago

What really gets me, and this touches on your comment, is that the execs said that they need to have the teams make what they specialize in. And then they turn around and force all the studios to make games that not at all anything they've ever made before.