BioWare Shutdown & $1,800 Xbox — Full Breakdown & Transcript

Next Mass Effect Canceled as EA Shuts Down BioWare - IGN Daily Fix

0h 03m video Published Oct 21, 2026 Transcribed Oct 22, 2026 IGN IGN
Beginner 1 min read For: Gamers and enthusiasts interested in industry news and console developments.
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"The title accurately reflects the two major stories covered in this news roundup."

AI Summary

EA has announced the closure of BioWare, one of the most iconic Western RPG developers, as part of a restructuring that includes 400 layoffs. In other news, leaked reports suggest Microsoft's next Xbox console, codenamed Project Helix, could cost consumers between $1,200 and $1,800. This video covers these stories and the future of console pricing.

[00:21]
EA Shuts Down BioWare

EA announced it is shutting down BioWare, resulting in approximately 400 employees losing their jobs. The company will continue to focus on sports games, Respawn's Apex Legends, and other action-adventure titles. A small team at BioWare will continue early development on a new Mass Effect.

[02:11]
Next Xbox Could Cost $1,800

A report from Fortune claims Microsoft is internally projecting its next Xbox console, codenamed 'Project Helix,' to cost consumers between $1,200 and $1,800. This is driven by the advanced technology in the hardware, and even with subsidies, the final price could exceed $1,000.

[03:03]
PS6 Rumored to Be Expensive

Reports suggest the PS6's RAM and storage could cost $680 alone, leading to expectations that the console's launch price will approach or exceed $1,000. This signals a future where flagship consoles are significantly more expensive than current generations.

Mentioned in this Video

💡 Key Takeaways

📊

EA Confirms BioWare Closure

This is the central, industry-shaking news that affects a beloved studio's future.

00:21
📊

Mass Effect's Uncertain Future

Despite the studio closure, a small team remains to develop the next Mass Effect, indicating a potential pivot.

01:29
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Next-Gen Console Price Shock

The projected cost of the next Xbox could surpass $1,000, a significant price increase for consumers.

02:11
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The Cost of PS6 Hardware

The rumored cost of PS6 RAM and storage alone could rival a current console's launch price.

03:03

[00:01] today's daily fix, we have EA shuts down Boware and the next Xbox is targeting 2028 and will apparently be crazy expensive. This is your daily fix.

[00:21] a new report. According to Bloomberg, the Boware shutdown comes amid mass layoffs at Electronic Arts, which amount to 400 people losing their jobs. Roughly will continue with sports games. Respawn's Apex Legends, action adventure

[00:35] games like Star Wars Jedi 3 and Iron Man and Battlefield. Bloomberg said Respawn Battlefront 3 as had been rumored. In a memo sent to staff today, Cam Weber, president and chief studios officer, and David Tenson, president and COO,

[00:48] described EA as the number one publisher in Western HD gaming, but says, "Our wrote, "Players have more choices than ever for their time and attention. our biggest opportunities for growth are beyond the markets, platforms, and

[01:03] traditionally been the strongest." EA is reacting to this by quote concentrating our teams, technology, and investment behind three strategic priorities. Deepen our core, expand our reach, and transform our business. Our greatest

[01:16] opportunity starts with our franchises and global communities that have made EA This is where we've had to make our hardest choices. Saying no to some to focus our teams and resources, so we give our biggest opportunities

[01:29] here's the official blurb on the end of Boware and Mass Effect. As we focus on small team at Boware working on early development for Mass Effect. We've made this development, which means we're closing the studio and our Edmonton

[01:43] workspace. Boware is a legendary studio that helped define the role playing genre, and we do not take this decision lightly. Boware was founded in 1995 and Gate, Star Wars: Nights of the Old Republic, Dragon Age, and of course,

[01:56] they were one of the most beloved and celebrated western RPG developers. release several high-profile misfires such as Mass Effect Andromeda, Anthem, and Dragon Age: The Veilgard. Moving on, a new report claims that Xbox expects

[02:11] its next generation console to cost as much as $1,800 and is currently from Fortune claims that Microsoft is internally projected that its next Xbox console, code named Project Helix, will cost consumers between $12 and $1,800.

[02:24] The article notices that Microsoft could choose to subsidize those costs to come the tech giant is willing to take major losses on the console, it seems likely that the machine will still cost over $1,000. Fortune also revealed that Xbox

[02:37] holiday 2027, though it's unclear how this will be linked to Project Helix. Asha Sharma has stated before that Helix is a family of devices, so this handheld could be the first step. Xbox previously stated we would hear more about Project

[02:50] we'll learn more in November for the company's 25th anniversary. Ultimately, generation is going to look a lot different. PlayStation is also rumored to have its own handheld companion in the works, and reports suggest that Sony

[03:03] well. A recent rumor suggested that PS6's RAM and storage would cost $680 PlayStation conso's launch price except for the PS5 Pro. With the additional required components, it is expected the PS6 will also brush up against, if not

[03:18] exceed, the thousand price point. And that is your daily fix for caught up on the news, watch the Crimson Desert DLC overview trailer. I'm Damon Hatfield and for all your video game news, stay tuned to IGN.

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