other material
confidence high
sentiment neutral
materiality 0.65
Take-Two signs new long-term Xbox publisher license agreement with Microsoft
TAKE TWO INTERACTIVE SOFTWARE INC
- Take-Two and Microsoft entered the XBOX Publisher License Agreement on Sept. 28, 2026, effective Sept. 17, 2026, replacing prior XBOX publisher license agreements.
- Agreement lets Take-Two develop, publish, market, distribute and sell XBOX-compatible products for all XBOX devices.
- Microsoft will pay wholesale price and/or agreed revenue share for Take-Two digitally delivered products sold by Microsoft.
- Microsoft charges fees and royalties for each physical media product manufactured; Microsoft must approve game concepts and final versions.
- Either party may terminate for material breach or insolvency; Take-Two gets sell-off rights for existing inventories after expiration or termination.