Microsoft Gives A Glimpse At Xbox Game Pass Revenue For The First Time

0

Microsoft Gives A Glimpse At Xbox Game Pass Revenue For The First Time

The Microsoft and Activision Blizzard merger — or, more accurately, Microsoft’s acquisition of the company – is seen as controversial by many. However, it has brought us one good thing: the figures for Microsoft’s Game Pass revenue, all thanks to Brazil’s Administrative Council for Economic Defense (CADE). It’s an unexpected source, to be sure, but a welcome one nevertheless. TweakTown spotted the report and shared it, revealing a staggering number.

According to Brazil’s CADE, Microsoft generated $2.9 billion from its console subscription business in 2021. This may not include the PC Game Pass, and it’s hard to say whether it also covers the profits made from game sales made through Game Pass or in-game microtransactions. In any case, it’s a large amount, and it may amount to around 18% of Microsoft’s revenue for the same year, as first noted by EuroGamer.

Although Microsoft doesn’t talk about it much, TweakTown notes that the company also saw a large increase in subscribers sometime during that period. Between August 2021 and March 2022, the total number of Xbox Game Pass subscribers went up from 15 million to 18 million. Seeing as the growth and the revenue are both enormous, we can be hopeful that Microsoft will continue expanding the service to further compete with PlayStation’s own membership.

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Gaming News Click Here 

Read original article here

Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
Leave a comment