@Supabul: Now that they'll have the most powerful console you'll see that power does not matter all of a sudden for the sites like Gamespot and IGN. As another post said "too much console nostalgia" most editors and reporters grew up with the Play Station.
The only way I can understand Phil is that Scalebound was eating a lot of the Xbox exclusive budget and the project was not moving forward. If you cancel a stagnated project you can invest in another actually finishable project. Another case is if a project is going to eat a huge chunk of you budget for too long with a high risk of not completion or to very poor results, low customer satisfaction, it is better to invest that money on several other projects with better ods for us the customers.
I agree with you. The only way I can understand Phil is that Scalebound was eating a lot of the Xbox exclusive budget and the project was not moving forward. If you cancel a stagnated project you can invest in another actually finishable project. Another case is if a project is going to eat a huge chunk of you budget for too long with a high risk of not completion or to very poor results, low customer satisfaction, it is better to invest that money on several other projects with better ods for us the customers.
There is not a company in the world that if you don't perform well they'll keep you. Companies and people must show results. Additionally, in my own company, we cancel projects all the time just because the market changes and/or the project is too expensive and delayed to justify not doing something else that could actually be completed.
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