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Ubisoft touts 'solid' early 2024 financials, thanks xDefiant and reliable franchisesUbisoft posted its financials for th...
07/11/2024

Ubisoft touts 'solid' early 2024 financials, thanks xDefiant and reliable franchises

Ubisoft posted its financials for the first quarter of the 2024-2025 fiscal year, and the French developer is pleased with its performance in several areas.

Net bookings for the quarter (which ended on June 30, 2024) hit €290 million (or $316.5 million). Not only is it up 8.3 percent from the same quarter for 2023-2024, it's also 5.5 percent ahead of the initial target of about €275 million.

xDefiant, the studio's new shooter which released back in May, was singled out for its "encouraging" start. The game amassed over 10 million players in the first two weeks, and has generally outperformed expectations and "strong" average revenue per day.

FTC says Microsoft has turned Xbox Game Pass into a 'degraded product'The Federal Trace Commission (FTC) had branded Xbo...
07/11/2024

FTC says Microsoft has turned Xbox Game Pass into a 'degraded product'

The Federal Trace Commission (FTC) had branded Xbox Game Pass a "degraded product" after Microsoft announced a price hike.

Microsoft is increasing the price of Xbox Game Pass Ultimate and Xbox Game Pass for PC subscriptions. It's also introducing a new 'Standard' tier that ditches day-one access for first-party titles.

As spotted by The Verge reporter Tom Warren, the FTC claims that new Standard plan is a "degraded product" that essentially forces consumers to pay more for less.

The U.S. regulator noted these changes come less than a year after Microsoft completed its $68.7 billion merger with Activision Blizzard—a deal the FTC heavily opposed—and claims the two are inherently linked.

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