When will we see an actual new IP made by MS?

[the_real_dsister44]

iceland said:

the_real_dsister44 said:
They are releasing Screamride and Phantom dust this year

Screamride is made by Frontier and Phantom Dust isn't a new IP (although it minds well be one xD).

My mistake about Phantom dust. My bad. 

 

Microsoft owns Frontier? If we don't count them I don't see why Naughty Dog or Monolith count as 1st party