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plip.plop said:

Read the interview it sheds alot of light on this title. It's going to be a 3rd person action adventure.

http://www.gameinformer.com/b/features/archive/2015/06/20/keiji-inafune-and-armature-39-s-mark-pacini-talk-recore-mega-man-legends-3-and-iga-39-s-bloodstained.aspx

Also Inafune, and Armature approached MS first about this game.  MS did not ask them to make them a game. They were interested in working with MS due to Armature knowing quite a few people that works for MS.

Yeah, Microsoft was also approached by Platinum Games for Scalebound as well. They knew MS was the only company who could afford the budget for such and endeavor and when it comes down it when you see MS internal abilities, they kind of need all the help they can get. When Sony's first and second party starts ramping up they will need all the help they can get. The library will need to be solid.