Hello and welcome to our live coverage of today's Xbox business update, where we expect Microsoft to lay out some form of plan for launching first-party Xbox games on Nintendo and PlayStation platforms.
The news is set to drop in the form of a podcast published at 8pm UK time — that's 3pm Eastern, or midday Pacific. Join us as we listen and react to all the details.
We're expecting to hear from Microsoft gaming boss Phil Spencer, Xbox president Sarah Bond and head of Xbox game studios Matt Booty — the company's Triforce of gaming top brass — as they lay out how the company will handle Xbox exclusives in the future.
Please join us for a special edition of the Official Xbox Podcast.
Hear from Phil Spencer, Sarah Bond and Matt Booty as they share updates on the Xbox business. pic.twitter.com/TxwWJVUbgx
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Key points– Tom Phillips
20:04 pm UTCFour Xbox games to go multiplatform
Well, it's 8.02pm and we're still awaiting Microsoft's upload of the podcast to go live. In the meantime, The Verge is reporting that the podcast confirms four Xbox games will go multiplatform.– Tom Phillips
19:57 pm UTCWe're approaching the top of the hour, so a last bit of background — why is all this happening now?
There's a few things at play, but likely factors include Xbox hardware selling less than PlayStation, subscription service growth slowing across the board, and the recent purchase of Activision Blizzard. All of these add pressure on Xbox's bottom line — something we're also seeing, very sadly, in the recent decision to cull 1900 Xbox and
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