Microsoft spends $1 Billion on exclusive Xbox One games

Microsoft logoOne of the good things about being the largest software company on the planet is that you have a seriously big checkbook. Given its generous cash position, Microsoft has reportedly spent $1 billion securing exclusive games for the launch of the Xbox One game console.

It's good to hear that Microsoft is spending significant money to secure impressive games for its coming game console after some came away from the unveil of the device with an impression that it was more focused on streaming video and entertainment than gaming.

Microsoft Xbox One

The $1 billion Microsoft plans to invest in exclusive games will get Xbox One users 15 exclusive titles in the first year the console is available including a few completely new franchises. Microsoft has also spent significant money on beefing up its staff including hiring former Sony exec Phil Harrison to manage internal products and developer relations in Europe.

Rare Ltd is also reportedly working to bring one of its iconic franchises back to gamers in something that Microsoft executives are billing as a "historic" revival. Microsoft is also securing game from Black Task Studios that is said to be an action title designed to compete with Halo and Gears of War.

Another interesting title that has been talked about briefly is called Quantum Break; the trailer for that game turned up a while back and can be viewed here.

Source: DailyTech

Tags: computer games, game consoles, Microsoft, Xbox One

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