Phil Spencer replies to anyone who says he’s burning money.
Phil Spencer, head of Xbox at Microsoft, has announced his denial that Microsoft is losing money on Xbox Game Pass.
The subscription service was launched in 2017 and since then its popularity has grown. Microsoft has managed to get major partnerships for the service, including Electronic Arts, which has integrated its EA Play service into Xbox Game Pass for PC and Ultimate.
These partnerships, along with other popular games on the service, lead some people to believe that Microsoft is “burning” money from the service, hoping to get more subscribers to eventually turn a profit.
Phil Spencer categorically denies that they lose money. The head of Xbox said to Axios That “I know there are many people who like to write that we burn money in hopes of getting some gold in the future.”
It ended “no”. “Xbox Game Pass is very sustainable right now. And it continues to grow.”
The last time Microsoft shared the number of Xbox Game Pass subscribers was in early 2021, announcing that it had 18 million subscribers. If the service continues to grow, there will be more at this point (how much remains to be seen).
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