23 Articles
23 Articles
Is Xbox Dead? Inside Microsoft’s Brutal $20B Corporate Slaughter
When a report circulated on July 2, 2026, indicating that Obsidian Entertainment was actively in negotiations to avoid shutting down, the gaming community panicked. However, Bloomberg’s Jason Schreier quickly issued a clarification, confirming that Obsidian is absolutely not shutting down and that Xbox is keeping the studio. But the reprieve is deceptive. New Xbox CEO […]
Xbox has been in chainsaw mode for weeks and Obsidian’s name already sounded like the next one to fall. But Jason Schreier just stopped the carnage with a tweet: the studio doesn’t close. The bull that almost set Twitter on fire Everything started with an exclusive from The Game Business claiming Obsidian was in desperate negotiations with Microsoft to avoid its closure. The excuse: Avowed and The Outer Worlds 2 would not have reached the expect…
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