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Microsoft’s Xbox Is Planning More Cuts After Studio Closings - Bloomberg
(www.bloomberg.com)
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Gift article I found online.
The part that interests me is this:
Why gobble up so many studios to consolidate into a gaming megacorp, then get gobbled up yourself by Microsoft? What's the purpose of acquiring so many studios and holding onto so much IP if you can't handle them?
That was my take too. "We're spread too thin".... Then why the fuck did you buy up all these companies? Sure sounds like they just gobbled up all the good IP to hoard like a dragon on its pile of gold. Or to make sure those IPs don't make it to Sony exclusives, wish the FTC would hang them by the balls since they've basically done opposite of what they promised during the mergers.
Because CEOs are fucking idiots. So many companies do this shit, it's not just the gaming side. A company starts to grow and instead of keeping with an organic growth they buy companies over and over.
For that sweet buyout check. Management doesn’t care about the wake of destruction they leave, they got their 30 pieces of silver
I suppose anyone who saw the rise of EA a decade or so back saw this coming.
I didn’t, because, well…I think I naively expect the world of business to make sense.