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Xbox Bets Big on Hollywood for Gaming Revival

Summary

  • Xbox considers a massive studio deal for over a dozen game IPs.
  • Major studios like Netflix and Paramount are reportedly interested.
  • A potential deal could cost over $300 million for long-term rights.
Xbox Bets Big on Hollywood for Gaming Revival

Xbox is reportedly exploring a significant shift in its media strategy by considering a bulk studio deal for over a dozen of its intellectual properties. This approach moves away from licensing individual game rights to various companies, opting instead to grant extensive rights to a single studio. Major entertainment players, including Netflix, Paramount, and Universal, have reportedly shown interest in such an arrangement.

Sources suggest this comprehensive deal could command a price exceeding $300 million for long-term rights. The high asking price has already reportedly deterred at least one potential partner. This new direction raises questions about ongoing adaptation projects, such as the Call of Duty movie and the Fallout series on Prime Video, and highlights Xbox's ambition to expand its presence in film and television.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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