That's a huge chunk of change.
When Microsoft unveiled the Xbox One earlier this month, the company emphasized the fact that it was focusing heavily on exclusive games for the console. In fact, the company said there would be 15 exclusive Xbox One titles in the console's first year of availability. This week, it emerged just how much the company is spending to ensure there's no shortage of exciting content for its new baby.
OXM reports that Microsoft will invest one billion dollars in next generation titles. That price them those 15 exclusive titles Microsoft talked about its Xbox Reveal event, including eight new IPs. OXM spoke to Don Mattrick (President of the Interactive Entertainment Business at Microsoft) and Phil Spencer (Corporate Vice President of Microsoft Studios) and cites the former as saying people are "way, way under-indexing how hard [Microsoft is] punching" when it comes to exclusives.
"We're going to come out with detail on things and people are going to go, 'oh my god,'" said Mattrick. "Like, 'they were focused, they made this a core goal, core activity'. There are great hits, there's innovation, and there are world class creators plugged in."
Microsoft didn't talk too much about games during its Xbox One reveal, but is expected to reveal all during E3 the week after next. We'll be on hand to bring you the latest, so stay tuned!