UBSFF - AAA Publishers Are Stuck 'Milking' Franchises Created Over Decade Ago: Phil Spencer's Leaked Email | Benzinga
A leaked email from March 2020 by Microsoft Gaming CEO Phil Spencer sheds light on the challenges faced by AAA game publishers in the ever-evolving gaming industry.
In the email, revealed as part of a Federal Trade Commission (FTC) lawsuit, Spencer addressed Microsoft Corporation's (NASDAQ: MSFT) CEO Satya Nadella, CFO Amy Hood, then-executive business VP Peggy Johnson, and head of marketing Chris Capossela.
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Spencer discussed the disruption caused by digital storefronts like Steam and subscription platforms like Xbox Game Pass, as reported by Kotaku.
He noted: "The AAA publishers did not find a way to leverage the moat that physical retail created in the digital realm ...