Xbox Focusing On “Highest Priorities,” Claims It’s Not Cutting Back Overall Spending On Games
Microsoft's Xbox division is re-focusing its spending on 'highest priorities,' leading to the cancellation of funding for IO Interactive's Project Fantasy. A spokesperson stated that overall investment in games remains the same as last year, but the types of projects being backed are changing. This shift is part of a broader business 'reset' at Xbox, which may include layoffs and studio changes.
- Entities
- Company: Microsoft
- Topic: Business Strategy
- Company: Xbox
- Game: Project Fantasy
- Company: Io Interactive
- Topic: Game Development Funding
- Person: Asha Sharma
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