The company also announced it was creating a new studio in Santa Monica, California under the banner of The Initiative, led by former Tomb Raider boss Darrell Gallagher.
Hellblade developer Ninja Theory has been acquired by Microsoft, along with four other game studios. State of Decay and the recently-released State of Decay 2 have been exclusives for Xbox, so it seems a flawless fit for the studio to officially fall under Microsoft's first-party lineup of developers. The studio is now building a team of "world class talent" to develop "groundbreaking new game experiences". Spencer said that not only will the developer continue to work on the Forza Horizon franchise, but it will also "bring its open-world expertise to a brand-new project".
Stormy Daniels accuses ex-lawyer of being Trump 'puppet'
The former New York City mayor-turned-presidential counsel made the claim during a conference in Israel. Avenatti said the allegations in the countersuit were "frivolous claims".
For Xbox gamers, this is likely going to mean plenty of new titles coming exclusively to Xbox or Microsoft Platforms.
Microsoft has been criticized in the past for not having enough exclusives.