Microsoft’s Xbox TV studio not dead yet, reportedly looking for new home
See the original posting on The Verge
Xbox Entertainment Studios may have some life left, after all. According to The Hollywood Reporter, the studio has had preliminary talks with Warner Bros about possible acquisition. The deal is said to be unlikely, but it does suggest XES isn’t dead completely even if it can’t stay at Microsoft. If a Warner Bros. deal did happen, THR’s sources say the studio would merge with Machinima, which Warner owns a minority stake in.
Microsoft had ambitious plans for Xbox as an entertainment brand, focused largely around the Xbox One console. But then it became the underdog to Sony’s 10 million-strong PlayStation 4, and Microsoft CEO Steve Ballmer left the company (eventually trading in Clippy for Clippers). Under new CEO Satya Nadella and even…