franchises we own? lol franchises you bought (ala gears) or franchises you bought timed (tomb raider)
Apart from that, Halo, forza, fable and gears are really the only significant franchises they own. The rest of the exclusives are bought
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I feel sorry for Phil cause he has to do the best with what little he has, that is a confuddled product as a result of crap directing by Don Mattrick, still though