Xbox CFO says “it’s about time” game prices went up, doesn’t commit to 1st party increases

2 min. read

Published onNovember 17, 2020

published onNovember 17, 2020

Share this article

Read our disclosure page to find out how can you help Windows Report sustain the editorial teamRead more

Microsoft believes “it’s about time” prices went up for new game titles on the Xbox Series S and Xbox Series X consoles.As described in a gameindustry.biz post, Xbox CFO Tim Stuart, was asked at the Jefferies Interactive Entertainment conference last week whether Microsoft was going to raise the price of its first-party games for the Xbox Series S and Xbox Series X consoles.

Stuart declined to respond specifically on Microsoft’s first-party pricing structure, instead choosing to say that there would be an upcoming Xbox announcement “in due time.” The full interview transcript isavailable via Seeking Alpha.

“From a consumer standpoint, if you’re a game creator, games are getting more expensive to create. They’re driving revenue growth as well, and they’re looking for opportunities to go create more monetization for the support of that content creation. And that’s when you see a little bit of the game pricing going up. So your example is $60 going to $70 on some games. But also, when we think about Game Pass on our side, it’s another outlet for our content creators to go find new users, to find a way to monetize those users that may not have played their games.”

Stuart added that Microsoft will rely on game publishers to “make the right decision for their content,” citing rising game development costs amid the current coronavirus pandemic being one of the major issues that developers face. Stuart remarked that Microsoft has a huge advantage; Xbox Game Pass. Stuart added that the last time games saw a price increase was “7 or 8 years ago or something. So time value of money says, says it’s about time anyway.”

Have you subscribed to Xbox Game Pass yet? It’s getting harder and harder to pass up getting Xbox Game Pass Ultimate at just $1. With Xbox Game Pass, you get access to over 100 games to play for free as part of your subscription with access to even more Xbox games through EA Play. Other added bonuses include afree 30-day Disney+ subscription and EA Playwith over 80 additional Xbox games to play. Join Xbox Game Pass Ultimate today!

davew

User forum

0 messages

Sort by:LatestOldestMost Votes

Comment*

Name*

Email*

Commenting as.Not you?

Save information for future comments

Comment

davew

With KB5043178 to Release Preview Channel, Microsoft advises Windows 11 users to plug in when the battery is low#

Copilot in Outlook will generate personalized themes for you to customize the app#

Microsoft will raise the price of its 365 Suite to include AI capabilities#

Death Stranding Director’s Cut is now Xbox X|S at a huge discount#

Outlook will let users create custom account icons so they can tell their accounts apart easier#

Xbox CFO says “it’s about time” game prices went up, doesn’t commit to 1st party increases#

With KB5043178 to Release Preview Channel, Microsoft advises Windows 11 users to plug in when the battery is low

Copilot in Outlook will generate personalized themes for you to customize the app

Microsoft will raise the price of its 365 Suite to include AI capabilities

Death Stranding Director’s Cut is now Xbox X|S at a huge discount

Outlook will let users create custom account icons so they can tell their accounts apart easier

Xbox CFO says “it’s about time” game prices went up, doesn’t commit to 1st party increases