Gears of War: E-Day's half-billion-dollar budget was no rumor

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The big picture: Most of the talk around BioWare's closure last month has focused on EA's new owners and the debt they loaded onto the publisher. But the studio's end may have just as much to do with how expensive big games have become. Xbox's latest Gears of War entry is a prime example, since it reportedly cost $500 million to make.

Bloomberg's Jason Schreier brought up the figure in a video explaining why EA chose to shut BioWare. Gears of War: E-Day cost Xbox $500 million, he said. "That is a real number, that is real," he added. In Schreier's view, that's simply what AAA games cost to make now, especially in North America.

About a week earlier, a source familiar with Xbox's business had already told Kotakuthat E-Day cost...

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