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Former Xbox studio Tango Gameworks and 'Hi-Fi Rush' have been acquired by PUBG's Krafton Inc, saving it from closure
(www.windowscentral.com)
this post was submitted on 12 Aug 2024
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Normally a company struggling with console sales would lean into an IP that could sway consumers, even if the game itself didn't make a ton of money.
Sony pumps money into big IPs to do the same, at the expense of game profits.
You're assuming microsoft still cares about selling consoles... at this point either they gave up on this generation, or they moved on altogether.
What I don't understand is what the point was in buying all of these expensive studios if they weren't going to compete.