Microsoft Spent $80 Billion On Its Bet For Xbox Game Pass. It Did Not Work. https://www.gamespot.com/articles/mi...-did-not-work/

People inside Xbox warned that the plan might be problematic, but management went ahead anyway, a report said.

Bloomberg reported that Microsoft spent “nearly $80 billion” in the past 10 years on deals to help revitalize Xbox and realize its dream for Xbox Game Pass, but those plans did not pan out the way Microsoft envisioned.

Xbox CEO Asha Sharma said this week that the big bets made under previous leadership–including Game Pass, acquiring studios, and putting its games on rival platforms–“did not grow at the pace we expected.” Sharma said these efforts drove “meaningful value,” but that wasn’t enough with the growth piece.