For the past decade, Xbox has been on a spending spree unlike anything the games industry has ever seen. Billions were spent acquiring studios. Billions more were spent building Game Pass, funding content, supporting hardware, and expanding the Xbox ecosystem across multiple platforms. Now the company appears to be preparing another major reset. Following an internal memo describing Xbox as "overextended", reports suggest studios such as Ninja Theory, Double Fine, and Compulsion Games may be facing closure or independence negotiations as Microsoft attempts to reduce costs and refocus the business...
