
What you need to know
- Microsoft announced the closure of three studios this week: Arkane Austin, Alpha Dog Games, and Tango Gameworks, creators of the award-winning Hi-Fi Rush.
- Sarah Bond, President of Xbox, appearing in an interview with Bloomberg and was asked specifically why Tango Gameworks was closed considering Hi-Fi Rush's success for the brand.
- Bond's answer was that they look at a variety of factors when making decisions like this, and answered questions on the lack of video game industry growth, and it's impact on the business.