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Shadow1980 said:
They're using kind of a loose definition of "first-party." Scalebound is a Platinum production. ReCore is a co-production between Comcept and Armature. Undead Labs makes State of Decay. Reagent Games is making Crackdown 3. All of those are third parties. In fact, their only major first-party studios are 343i, The Coalition, Turn 10, and Rare. Most of their "first-party" IPs are outsourced to outside companies. They may own the property, but they just hire others to do them.

Isn't owning the IP the most important thing?