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- Video games are successful on their own, says Xbox CEO on live-action adaptations.
- Phil Spencer added that not every franchise should get the Hollywood treatment.
- Despite it all, he said that fans can expect more live-action projects.
The age of superhero movies is long gone, as video game films are slowly replacing them as Hollywood’s preferred genre.
Despite Xbox pursuing the live-action adaptation trend, its CEO has taken a reserved stance. According to the Xbox boss, video games are already a successful business without Hollywood treatment.
Why it matters: With such a focus on live-action adaptation, gaming content is neglected. In the long run, this could harm the gaming industry.
Talking to Variety, Phil Spencer said:
The videogame business is successful by itself. It doesn’t need this outlet.
-Phil Spencer
There is a lot of truth to this, as the gaming industry makes more revenue than the music or film business. If anything, the film sector needs video games, not vice versa.
The CEO also added:
let’s never turn this into something where it has to get done, every franchise has to have a game or a movie or a TV show, and it becomes more like licensing.
Many video game franchises have the potential to perform well in Hollywood. However, this doesn’t mean that every one of them needs a live-action adaptation, as licensing can alter the integrity of those IPs with added creative liberties from the other end.
That said, though, the CEO stated that they can expect more live-action adaptations of video games in the future. Xbox currently has the most IPs under its belt thanks to its acquisition in recent years, so the gaming giant would continue to push toward this trend.
Their recent movie, Minecraft, has already generated $250 million in less than a week of its release. With other successes like The Last of Us or the Uncharted film, it’s no wonder everyone wants to hop on this bandwagon.
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[News Reporter]
Shaheer is currently pursuing a Business degree while also working as a part-time Content Writer. With his deep passion for both writing and video games, he has seamlessly transitioned into a role as a Journalist. Over the past two years, Shaheer has contributed as a freelancer to various websites and landed positions on acclaimed platforms like Gamerant. Currently, his role at Tech4gamers is as a Features Writer, but he also covers News occasionally. Shaheer’s favorite gaming franchises are Assassin’s Creed and the God of War series.
Get In Touch: shaheer@tech4gamers.com
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