President of Xbox, Sarah Bond, recently sat down for an insightful 17-minute interview with Bloomberg, addressing the recent studio closures within Microsoft’s gaming division. Here are some key takeaways from the discussion:

– This week, Microsoft announced the closure of three studios – Arkane Austin, Alpha Dog Games, and Tango Gameworks.
– The decision to shut down Tango Gameworks, known for the success of “Hi-Fi Rush,” a critically acclaimed game within Xbox’s portfolio, has caused quite a stir in the gaming community.
– Bond emphasized Microsoft’s commitment to game development and exclusive titles despite these closures, reaffirming their dedication to creating a diverse range of games for players to enjoy.
– While she didn’t delve into specific reasons for Tango Gameworks’ closure, Bond highlighted the unique nature of each studio and game team, indicating that various factors are considered when making such decisions.

Despite the lack of clarity surrounding the closure of Tango Gameworks, it is evident that Xbox remains focused on delivering high-quality gaming experiences to its audience. Stay tuned for more updates on Microsoft’s gaming initiatives as they continue to evolve in the ever-changing landscape of the industry.