Microsoft Reportedly Mulling Launch Of Xbox Games Hi-Fi Rush And Pentiment On PlayStation, Nintendo Switch
Portfolio Pulse from Benzinga Neuro
Microsoft Corp is reportedly planning to release Xbox games Hi-Fi Rush and Pentiment on Sony's PlayStation and Nintendo's Switch, marking a significant strategy shift. This move aims to increase gaming revenue and game reach amidst slowing Xbox Game Pass subscriptions and trailing Xbox Series S and X sales behind PlayStation 5. The decision comes after Microsoft's acquisition of Activision Blizzard and amidst Sony's PS5 market dominance. Sony also announced financial plans and revised its FY23 sales outlook.
February 15, 2024 | 4:20 am
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NEUTRAL IMPACT
Nintendo's Switch will also feature Microsoft's Xbox games, potentially broadening its game library and appeal.
Adding Xbox games to the Switch could enhance Nintendo's game library and appeal to a broader audience. However, the direct impact on Nintendo's stock is less clear, as it depends on the games' success and overall market response.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Sony's PlayStation platform will host Microsoft's Xbox games Hi-Fi Rush and Pentiment, potentially affecting its gaming ecosystem.
While hosting Xbox games could bring additional content to PlayStation, the impact on Sony's stock is uncertain, depending on how this move affects PlayStation's exclusivity and overall gaming ecosystem.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Microsoft's plan to release Xbox games on PlayStation and Switch could increase gaming revenue and address slowing Game Pass subscriptions.
Releasing Xbox games on rival platforms could significantly expand Microsoft's gaming reach and revenue, especially given the current slowdown in Game Pass subscriptions and trailing Xbox sales.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90