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Xbox president: Studio closures will ensure 'business is healthy for the long term'
(www.gamedeveloper.com)
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Yeah this is bullshit. They wanted the IP's and nothing more. Situations like this remind me of something that Marty O'Donnell said when that Bungie/Activision lawsuit happened. He said something along the lines of they have to own their IP's because it's the one thing a studio has that's holds value.