They want to ensure their business is working well, so they shutdown the parts that were working well, and left those that are failing miserably. Logic checks out
Xbox president: Studio closures will ensure 'business is healthy for the long term'
Submitted 11 months ago by Goronmon@lemmy.world to games@lemmy.world
Comments
dinckelman@lemmy.world 11 months ago
acosmichippo@lemmy.world 11 months ago
they got the IP, that’s all they wanted.
owenfromcanada@lemmy.world 11 months ago
Don’t forget removing competitors! Gotta remove those competitors. That’s what healthy businesses do. /s
Hadriscus@lemm.ee 11 months ago
Can’t you buy the rights to an IP without the attached studio ?
applepie@kbin.social 11 months ago
Limp dick anti trust agencies approved this shit...
Like wtf am I paying taxes for here? So rich people get more of my surplus labour?
Xyloph@lemmy.ca 11 months ago
She mispelled “investors will be happy next earning call”
secret300@lemmy.sdf.org 11 months ago
Well, it literally says “business will be healthy” so yes that’s what that means
Contingencyfork@lemmy.world 11 months ago
‘“You know, we’re a platform where you can play Grand Theft Auto but you can also play Palworld. Where you can play Call of Duty and can also play Pentiment. That doesn’t change,” she said.’ - yeah but now I can’t play HiFi Rush 2 :(
Thcdenton@lemmy.world 11 months ago
You will when Micropenis puts out the sequel full of AI gen slop.
Nobody@lemmy.world 11 months ago
You see, our stock price goes up when we buy other companies and it goes up when we fire people. We’re doing both at the same time, so our stock price will go up double. This is a sustainable business model and not at all a very dead canary in a very deadly coal mine.
Rakonat@lemmy.world 11 months ago
Funny how they praise success these studios achieved before suddenly slamming the door shut and firing those people, but 343 has literally been fucking the corpse of Halo for 12 years now and you still funnel then millions of dollars to keep ruining everything.
magnetosphere@fedia.io 11 months ago
You know what would be even better for the long term? A large variety of games with less bullshit. Suck it, Microsoft.
BigTrout75@lemmy.world 11 months ago
Microsoft doesn’t need those studios, just the IPs.
Hildegarde@lemmy.world 11 months ago
They could sell the studio without the IPs, bring in some revenue, but it’s worth more to kill the studio than let it exist to compete.
NoneYa@lemm.ee 11 months ago
If you didn’t buy up studios and then close them in a year, I think that would be even better for the business side of things. You know, the fact the business didn’t get arbitrarily shut down by the big corporation and all that.
But that’s just me.
Cosmos7349@lemmy.world 11 months ago
I’m sure the studio employees feel the same way
Melkath@kbin.social 11 months ago
Yes, the modern mindset. Murder the product, preserve the manager's paygap.
TachyonTele@lemm.ee 11 months ago
Who’s taking bets on when they’ll buy the next studio?
ampersandrew@lemmy.world 11 months ago
After the fight they had to put up for Activision, it will likely be a while.
TachyonTele@lemm.ee 11 months ago
We got one for not in a while.
Who’s got anything sooner in mind?zaphod@sopuli.xyz 11 months ago
Activision wasn’t just a studio, it was a huge publisher with several studios, that’s why they needed approval from competition regulators. I doubt they will stop buying studios over this in the short-term.
Fades@lemmy.world 11 months ago
Can’t have a healthy business without insane overcompensation of the c-suite and friends
Defaced@lemmy.world 11 months ago
Yeah this is bullshit. They wanted the IP’s and nothing more. Situations like this remind me of something that Marty O’Donnell said when that Bungie/Activision lawsuit happened. He said something along the lines of they have to own their IP’s because it’s the one thing a studio has that’s holds value.
AFC1886VCC@reddthat.com 11 months ago
Fuck your business
newthrowaway20@lemmy.world 11 months ago
What’s healthy for the business long term isn’t healthy for the customer. Remember that.
FordBeeblebrox@lemmy.world 11 months ago
Nor the employees, only the capitalist benefits
intensely_human@lemm.ee 11 months ago
Right, because a healthy business consists of a sort of zombie corpse leech, not a symbiosis.
The little diner down the street where everyone has a good time every day? That’s not a healthy business.
It is very important that we twist the definition of every word to ensure people understand how bad capitalism is. Language and the ability to think is secondary to the great Revolution Take 25!
DaseinPickle@leminal.space 11 months ago
I really hope these developers create new independent studios and if they ever get offered a big bag of money, they will remember what happened last time. Maybe they will be smart enough to create worker owned studios and not waste huge salaries on useless CEOs.
qyron@sopuli.xyz 11 months ago
I won’t bet on that, neither for nor against.
Look at the guy that created Minecraft. He was passionate about his work, had a company that was doing great and with prospect of future growth.
One thousand millions later and the guy checks out a boat load of money and sell off the company: he already had his.
intensely_human@lemm.ee 11 months ago
If I ever run a successful company, I am never taking it public, and I hope that I will never accept a sum of money that more than doubles our assets.
I’ve worked in the startup world and seen too many companies fail in all but name when they receive investment money. It really sucks the soul out of a company.