Seems more and more like the recent showcase was effectively putting some of their studios in the shop window as they are now actively looking to disband or offload key studios.
Double Fine, Compulsion, Ninja Theory and now Undead Labs and Arkane, plus side impacts to studios like IO Interactive as funding is pulled.
The vague positive side is that there is the opportunity for these studios to find alternate backing, so they aren’t just shuttering them, but are they realistically being given enough time in what is already a tough market?
Oh and XBox console prices are going up again - with a basic XSX 1TB now $800. That’ll help.