After the closure of Tango Gameworks, its original value Xbox Game Pass. While it is true that this service presents a great offer to players, the reality is that this is not the market that promises to be the future of video games, Something that is clearly seen with zero growth year after year.
Through his official Twitter account, Circana analyst Matt Piscatella revealed this Subscription services grew by just 1% compared to what was seen in April 2023. That is, on Xbox Game Pass or PlayStation Plus, we did not see a significant increase in subscribers in a full year. Here’s what was said about it:
“And it’s still stuck. Spending on non-mobile video game subscriptions in March 2024 increased by just 1% compared to April 2023 figures.
And it’s still stagnant. March 2024 non-mobile video game subscription spending was up just 1% over the April 2023 figures I posted below last year. https://t.co/O0WQhQX023
— Matt Piscatella (@MattPiscatella) May 7, 2024
This is a case that significantly affects Xbox Considering that the company is focused on launching its first party games on the first day of Game Pass, They hope this will be enough to attract more players, but it’s clearly not working.
As we’ve seen titles launch throughout 2023 Hi-Fi Rush, Redfall y Starfield. Although Arkane Austin’s work failed, Tango Gameworks and Bethesda’s productions were well received, But it seems no one was interested in buying an Xbox Game Pass subscription Just to enjoy this appreciated experience.
As for PlayStation Plus, its growth has also stagnated, But Sony has no plans to release day one games on the service, so its losses aren’t as big as Xbox must have felt throughout the last year Also, let us note that Microsoft did not want to share updated data on the number of Game Pass subscribers.
It was not until early 2024, two years after the last update, that it was released Xbox Game Pass had 34 million subscribersThat’s an increase of just nine million over what was released in 2022. These are numbers that Microsoft is surely not happy about. This shows that the future of the video game industry is not in subscription services. Relatedly, Xbox fans started a boycott against the company. Similarly, you can learn more about discontinuing studies here.
Author’s Note:
I can’t deny that the Xbox Game Pass and PlayStation Plus offerings are attractive to many users, but both services have issues that affect their respective companies. Offering games is unsustainable, even if one pays a monthly fee, and as we have already seen, not everyone is interested in joining one of these platforms.
Through: Matt Piscatella
