This is the problem. Sony just made Microsoft look like they cannot make first party themselves. Anything major and successful new IP they've created as of late has been second party at best. I told everyone that Sonys first party takes about two years before it gets going and I want my money now. 

This. Microsoft is doing a great job securing exclusives early in this gen like they did with the 360.

But very few of them are first party as only 5 of the upcoming exclusives are developed by studios owned by Microsoft (Gears 4, Halo 5, Forza 6, Fable Legends and Sea of Thieves). If people could see that Microsoft was funding new internal/in house studios that would develop several quality exclusives throughout the gen they'd be more convinced (at least I would).

Seeing how the great exclusives like Kameo, Dead or Alive, Project Gotham Racing, Dead Rising, Saints Row, Gears of War, Viva Piñata, Crackdown, Blue Dragon, Lost Odyssey, Ninja Gaiden, Fable 2 and The Last Remnant all stopped in 2008, many fear that the same thing will happen with XB1.

Microsoft does not want to go the first party route with Sony and Ninendo or else their library will become less desirable like the first Xbox. Buy IP's from people and funding third party is the way to impress and they will continue is they continue down that route. They might not beat Sony but I feel they are releasing content where they stand for now, but Sony is coming to prove that they deserve their spot and not only are the proving that they can do with with third party, but most importantly the asset Microsoft lacks.......first party creation for new IPs.

Heart seems in it as much as ever. Seems they are damned if they do, damned if they don't with some people. Had they secured a lot of these franchises you're talking about, people would just say they are moneyhatting content and can't make their own games. They show tons of their own exclusive content and people say they should have had more big 3rd party stuff.

lol, why would they secure Destiny? I'm pretty sure Activision's deal with Sony was for more than one year.

Even with MS' endless pockets. The companies that own said game. COD or otherwise. Could easily not go to MS and go to Sony. They can ignore MS, if they choose to. Or they asked a really high price. and MS said no. You can easily ask for a lot of money. And those normal 8 million COD sales. Would be reduced to 3 million sales. after the lose of the deal money they have to get back. Which then could be not worth the time.

It's how movies with huge budgets. Make a lot of money. And still fail. The budget to the advertisement isn't included into the movies cost. They don't show it to the public. So a movie that does 300 million. With a 150 budget. You'd think it did okay. But the ads in reality would make the budget be 400 million. They lost on the picture.

Bill Gates would lose his mind, remember back in the day he wanted to buy Nintendo?

Budget cuts for sure. They could still do better with irst party tho, (they're not).

Umm I did mention Last Guardian. It is the game that was announced very early on in the PS3 lifecycle.  It is tiring to hear about it every year or at least the press talking about it every year.  

Point partially taken on Tomb Raider,where did I praise it?  Had no praise or criticism.  As for Sony throwing money around I was referring mostly to 2015. "Sony doesnt have big exclusives remaining for this year. They had to throw money at a problem."  

As for Street Fighter 5. I dont consider a game that the publishers dont think would do all that well, otherwise they would produced it themselves a big deal.  

Yes they did show a couple others, but not the massive heart into infered by the opening post. The point is if you give all the praise to Sony then MS deserves it as well because they showed a great deal of investment and also have declared they are showing investment in at least 3 other new projects in a couple of months.

Ok then, i just need to wait and see, because Xbox Original backward compatibility doesn't work that well on Xbox 360 console. So i have to wait before they show us and prove all the games running well on Xbox One with. 

( edit ) I think i have the answer it's not  real emulation but it's similar to what PS3 have done before with PS2 and PS1 games on PS Network. Xbox PR just gave some answer that the games not really running form the disk, they recreated the code and wrapped under Xbox One API. is like porting the games to current consoles, but without any improvement.

it's simple really

...it's not MS's choice.