S&P Kagan: Xbox Nears Zero as PS5 and Switch 2 Drag Console Market to 33.9M in 2026
S&P Kagan forecasts a 19.5% drop in global console shipments to 33.9M in 2026, with Xbox winding down and PS5 prices hitting $900.
S&P Kagan forecasts a 19.5% drop in global console shipments to 33.9M in 2026, with Xbox winding down and PS5 prices hitting $900.
The ERA cites Nielsen data showing PS5 and PS4 titles drove 45% of UK physical game sales in 2025, urging Sony to reverse its 2028 disc production cutoff.
Over 50 Bethesda veterans lost to Xbox layoffs, with staff warning of a substantial and cascading effect on Elder Scrolls 6 development and quality.
Cyberpunk 2077 has now sold 40 million copies worldwide, cementing one of gaming’s most remarkable turnarounds ahead of the Edgerunners 2 anime this fall.
Ubisoft’s Black Flag Resynced sold 2 million copies in 24 hours, doubling Shadows’ day-one figure and greenlighting the future of Assassin’s Creed remakes.
Bethesda Game Studios union members are organizing a protest against Microsoft’s sweeping gaming layoffs, marking the boldest labor action yet inside Xbox’s restructuring.
With 1,600 Xbox jobs gone and 1,600 more cuts scheduled, remaining staff face heavier workloads, morale pressure, and uncertainty over studios like Bethesda and id Software.
OneBGS union members march across four Bethesda studios on July 15 to demand Xbox negotiate fairly after 440 union jobs were cut in the latest Microsoft layoffs.
Xbox is shedding 20% of its workforce and releasing five first-party studios as new CEO Asha Sharma dismantles the content-volume strategy built on Activision.
Bethesda’s free PS5 and Xbox Series X upgrade for Fallout 76 brings 60 FPS and playable Super Mutants, with public testing set for June 2026.