SONY - Xbox Boss Phil Spencer On Microsoft Studio Closures: 'I Have To Run A Sustainable Business' | Benzinga
Xbox boss Phil Spencer addressed the closures of several Microsoft Corp.’s (NASDAQ:MSFT) gaming studios, including Redfall developer Arkane Austin and Hi-Fi Rush developer Tango Gameworks.
In a recent interview with IGN’s Ryan McCaffrey at IGN Live, Spencer stated he had to make “hard decisions” to ensure a sustainable business.
“The closure of any team is hard obviously on the individuals there, hard on the team,” Spencer said. “I haven’t been talking publicly about this, because right now is the time for us to focus on the team and the individuals. It’s obviously a decision that’s ...