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Dubai News Club > Tech > Microsoft was ready to “go spend Sony out of business” to strengthen Xbox
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Microsoft was ready to “go spend Sony out of business” to strengthen Xbox

Press Room
Last updated: 2023/06/26
Press Room
Published: June 26, 2023
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Microsoft’s Xbox Game Studios chief, Matt Booty, was encouraging Xbox CFO Tim Stuart to spend big money on acquiring game content in 2019 to set the company up to battle Sony in subscriptions. The revelation comes in an email thread that’s part of the FTC v. Microsoft hearing.

“We (Microsoft) are in a very unique position to be able to go spend Sony out of business,” said Booty, referencing spending $2 billion or $3 billion in 2020 to avoid competitors getting ahead in content at a…

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