XBOX STUDIOS NEGOTIATE BUYBACKS TO ESCAPE CLOSURE

Multiple Xbox Game Pass studios are in active talks with Microsoft about acquiring their independence, according to Bloomberg's Jason Schreier. The negotiations include Ninja Theory (Hellblade series), Compulsion Games, and Double Fine Productions. The buyback discussions represent a potential lifeline for studios facing potential shutdown. Microsoft announced major layoffs across its gaming division in May 2024, affecting nearly 900 employees and resulting in the closure of several studios including Tango Gameworks and Arkane Austin. These negotiations signal a shift in approach, offering established studios the option to operate independently rather than dissolving entirely. The outcome could reshape the portfolio of Xbox Game Pass titles and allow affected studios to pursue projects outside Microsoft's publishing framework. No timeline or financial details have been disclosed regarding the potential acquisitions.