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Square Enix share price drops amid claims Final Fantasy 16 didn’t meet ‘high end’ expectations
(www.videogameschronicle.com)
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Xbox isn't popular in Japan at all, and there's the issue gamepass cannibalizing sales. Makes it a hard sell for Japanese studios for sure.
But in this case it's because sony gave them a bucket of money. Microsoft isn't really the place you want to be to support multiplatform games though, literally anywhere else is better, Microsoft is spending near a hundred billion dollars just to remove games from other people's stores