Xbox boss says details on brand’s future are coming next week

February 5, 2024 12:19 PM

Phil Spencer is CEO of Microsoft Gaming.

Image Credit: Microsoft

Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here. 

Reports and rumors started going wild this weekend that more Xbox games will head toward other platforms, including PlayStation. Now Xbox boss Phil Spencer has said that a business update event is coming next week “where we look forward to sharing more details with you about our vision for the future of Xbox.”

We’re listening and we hear you. We’ve been planning a business update event for next week, where we look forward to sharing more details with you about our vision for the future of Xbox. Stay tuned.

— Phil Spencer (@XboxP3) February 5, 2024

Reports, including from former GamesBeat writer Jeff Grubb (now at Giant Bomb), have noted that other Xbox titles like the next Gears of War are also getting consideration for PlayStation ports.

This is part of a potential new strategy for Microsoft to increase game sales. Going to more platforms will of course accomplish that, but it could hurt the Xbox consoles. That “vision for the future of Xbox” might mean a transition away from hardware (or at least a deemphasis on it).

The Xbox Series X and Xbox Series S launched in 2020, around the same time as the PlayStation 5. Despite strong specs and appealing features and services like Game Pass, Xbox has struggled to catch up to PlayStation. And while Game Pass was able to add Starfield last year and recently welcomed a viral hit with Palworld, it has struggled to grow its subscription numbers.

GB Event

GamesBeat Summit Call for Speakers

We’re thrilled to open our call for speakers to our flagship event, GamesBeat Summit 2024 hosted in Los Angeles, where we will explore the theme of “Resilience and Adaption”. 

Apply to speak here

Xbox has also struggled to release a steady stream of high-profile exclusives, despite multiple acquisitions in the past several years, while PlayStation has been able to release big exclusives like Marvel’s Spider-Man 2 and God of War: Ragnarök.

GamesBeat’s creed when covering the game industry is “where passion meets business.” What does this mean? We want to tell you how the news matters to you — not just as a decision-maker at a game studio, but also as a fan of games. Whether you read our articles, listen to our podcasts, or watch our videos, GamesBeat will help you learn about the industry and enjoy engaging with it. Discover our Briefings.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : VentureBeat – https://venturebeat.com/games/xbox-boss-says-details-on-brands-future-are-coming-next-week/