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Soundwave said:

To be honest if MS was going to continue to offer COD on Playstation platforms like they do with Minecraft ... then really this deal never was going to be a big deal for the XBox brand specifically, other than the Game Pass thing, which I think Microsoft can just pay for separately if they really want to (COD on Game Pass day 1).

It may be an actual good thing for XBox that now maybe some of that money can go into games that are actual exclusives.

I think you underestimate how much value ABK IPs would have added to Game Pass, specifically in European markets where Xbox + Bethesda + Mojang are not that of a big deal but ABK IPs are, and more so than the other 3 combined like in France.

Also under MS, it would have been easier for them to finally get two a 2-year cycle instead of 1 year which would have benefited the franchise E-sport scene and freed so many dev teams, both directly and from studios that have been converted to cod support, for creative work again either with new IP or revisited one.

It would also have secured them a very strong foothold in mobile gaming.

As for the exclusive front, MS doesn't shy away from funding them through second-party deals of first-party development at every opportunity they get so the deal being blocked won't change anything there.