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Xbox Focuses on New IPs Beyond Existing Franchises

new Xbox IP strategy. Xbox CEO Asha Sharma expressed the intention to develop new intellectual properties (IPs) designed to last over time, alongside enhancing already established franchises.

new Xbox IP strategy

Despite the recent and significant corporate reorganization, which included several layoffs, Sharma appears determined to balance high-profile productions with innovative projects. According to reports from Windows Central, during an internal meeting – part of the “Town Hall” conference cycle dedicated to Xbox employees – the CEO emphasized that relying solely on existing series is no longer a long-term advantageous strategy.

new Xbox IP strategy: why it matters

“Regarding content, I think this is probably what you are noticing the most, given that we are making many changes,” Sharma reportedly stated during the meeting. The manager confirmed the importance of focusing on Xbox’s most successful franchises, with the goal of turning “our fantastic games into billion-dollar global franchises”.

However, she added: “I would also like us to continue creating durable new IPs. We will not survive if we limit ourselves to digging up the past. We must find new ways, and the courage, to innovate with new IPs capable of reaching new audience segments”.

Sharma also referred to growth opportunities for King, the company behind Candy Crush Saga, and for the casual gaming segment in general. The company intends to explore this sector to further expand its user base.

In addition, the CEO discussed the simplification of internal studios, reaffirming the decision to transfer certain intellectual properties, such as Halo and Sea of Thieves, under the umbrella of Activision Blizzard. Sharma hinted that further “simplifications” may be coming, without specifying whether these will involve additional closures or reorganizations.

What changes and what are the effects

During the meeting, Asha Sharma highlighted how the company is working to improve the Xbox app on PC with significant updates. The outlined strategy therefore seems to aim for a balance between leveraging consolidated successes and investing in innovation, with the goal of ensuring sustainable growth for Xbox in the long term.

The information comes from testimonies gathered by Windows Central following the internal “Town Hall” conference at Xbox, held within the division’s headquarters. The CEO spoke during the internal meeting last week.

Source and further reading on new Xbox IP strategy: original article.

* Content created with the assistance of artificial intelligence systems.