re: Apparently massive layoffs incoming for Xbox Game Studios

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You can't really say an industry with $190 billion in sales has crashed. This isn't 1980s Atari building too many shitty ET games and going out of business. Video games account for more than double the revenue of Hollywood and the Music Industry combined.

They layoffs are a result of non stop merging for the last decade with little to no payoff from the studios that were purchased.

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Well, I think that $190B needs to be clarified.

$100B of that alone is mobile games, and somewhere in the range of $40B is microtransactions for PC/Console.

Games themselves aren't moving the needle for investors.

Pokemon Go, a 9 year old mobile game, had over $500M in revenue in 2024, while Clair Obscur, a highly acclaimed game, probably made half of that, if not less.