Several legal documents have revealed that Microsoft generated $2.9 billion in revenue from Xbox Game Pass last year.
According to VGC, Microsoft generated about $2.9 billion in revenue from Xbox Game Pass paid subscriptions on consoles by 2021. Tweaktown discovered Microsoft’s huge profit figures through a lengthy report of the CADE (Brazil) agency in Microsoft’s proposed acquisition of Activision Blizzard.
It’s worth noting that actual profits weren’t disclosed in CADE’s report, and revenue doesn’t consider the PC Game Pass service.
As noted by Tweaktown, this means Xbox Game Pass accounts for about 18% of Microsoft’s total annual Xbox revenue ($16.28 billion) and nearly 30% of game and services revenue ($12.5 billion) USD) during this period.
In addition, the report also reveals that Nintendo Switch Online made $932 million in revenue last year, while EA Play grossed $356 million. However, no numbers have been given for Sony’s game subscription services, which are PlayStation Now and PlayStation Plus.
The revenue information released as part of CADE’s report explains why it decided to accept Microsoft’s proposed acquisition of Activision Blizzard. CADE also stated that in its view, should the Call of Duty series become Xbox exclusives in the future, Sony should still have measures and plans to maintain its competitiveness.