Saturday, April 27, 2024
News

Microsoft reduces Windows Store cut to 12%

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

San Francisco | Friday, 2021 6:15:06 PM IST
In a bid to entice developers and studios to bring more PC games to its store, Microsoft is reducing the cut it takes on game sales from 30 per cent to just 12 per cent from August 1.

These changes will only affect PC games and not Xbox console games in Microsoft's store.

"As part of our commitment to empower every PC game creator to achieve more, starting on August 1 the developer share of Microsoft Store PC games sales net revenue will increase to 88 per cent, from 70 per cent," Matt Booty, head of Xbox Game Studios at Microsoft, said in a statement.

"A clear, no-strings-attached revenue share means developers can bring more games to more players and find greater commercial success from doing so," Booty added.

While Microsoft hasn't explained why it's not reducing the 30 per cent it takes on Xbox game sales, it's likely because the console business model is entirely different from PC, The Verge reported.

Microsoft, Sony and Nintendo subsidise hardware to make consoles more affordable, and offer marketing deals in return for a 30 per cent cut on software sales, the report said.

"Game developers are at the heart of bringing great games to our players and we want them to find success on our platforms," Booty said.

--IANS vc/rt

( 229 Words)

2021-04-30-12:22:04 (IANS)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE SCIENCE NEWS
Use of acid reflux drugs linked to highe...
Study reveals positive effect of midazol...
Study finds how liver inflammation assoc...
Study reveals novel therapeutic target f...
Study finds common complication of atria...
Researchers discover how complexities in...
More...
 
INDIA WORLD ASIA
Earthquake of 3.2 magnitude hits J-K's K...
Himachal assembly by-polls: Congress ann...
'People of minority communities angry, u...
Firing outside Salman's residence: Mumba...
Land sinks in J-K: About 30 houses damag...
Peaceful polling in Tripura East witness...
More...    
 
 Top Stories
Qatar pledges USD 3 million aid to ... 
UAE: Burjeel Medical City carries o... 
If today, Centre says that all VVPA... 
Lok Sabha elections phase 2 witness... 
UAE: Hamdan bin Mohamed bin Zayed r... 
Sandeshkhali heading towards danger... 
"Election in Outer Manipur has been... 
UAE: Dialogue sessions, workshops f...