secwatch.observer — SEC 8-K summary
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Issuer:     TAKE TWO INTERACTIVE SOFTWARE INC (TTWO)
CIK:        0000946581
Form:       8-K
Filed at:   2026-09-30T20:31:36+00:00
Accession:  0001628280-26-064001
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Take-Two signs new long-term Xbox publisher license agreement with Microsoft
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946581/000162828026064001/0001628280-26-064001-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946581/000162828026064001/ttwo-20260928.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-064001

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer