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GamesRadar
GamesRadar
Technology
Kaan Serin

Revenue from game subscriptions like Xbox Game Pass has barely grown in 2 years, potentially explaining Microsoft's studio closures

Microsoft Xbox Bethesda
Xbox Game Pass Core.

Revenue from gaming subscriptions has reportedly barely increased in the last two years in the US, which might help paint a clearer picture around Microsoft's recent studio closures. 

Video game industry analyst Mat Piscatella took to social media to report that "non-mobile video game subscription spending was only up 1%" compared to this time last year. Compounding that, subscription spending in April 2023 was only 2% higher than it was in April 2022, meaning revenue generated from PlayStation Plus, EA Play, Xbox Game Pass, and similar services saw narrow growth.

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