Think Microsoft from now on will focus on studios with major IP which would naturally include publishers, I also agree with Rand that Matt Booty is likely at his operational capacity so it's unlikely XGS will grow much larger, maybe Bethesda could add a couple but only if the idea comes from them I think.
They'll want studios that can give them content to Game Pass overnight and major IPs to push Game Pass further, combined with the fact that as I said having money in the bank right now isn't good from what I'm reading, I think they'll be happy to make a few more big splashes on gaming.
They'll be added the same way as Bethesda, as their own division to make things as smooth as possible, I don't have a clue which, if any, they will acquire though but I'd say maybe anything under $10bn is a possibility.
Thinking about independent studios with major IP that aren't publishers, not many come to mind; Techland...Bungie...Idk, I just think Xbox is done acquiring studios like Obsidian, Double Fine, etc. Talented studios but don't really have huge IPs to their name.
Last edited by Ryuu96 - on 12 April 2021