Xbox is reportedly taking a bundle of more than a dozen game properties to Hollywood, hoping one studio or streaming service will sign a long-term deal covering movie and TV adaptations. Halo, World of Warcraft, The Elder Scrolls, and Diablo are among the franchises tied to the pitch.
According to a Puck report, Netflix, Paramount, and Universal are at least reviewing the proposal. All three companies declined to comment, while Microsoft also declined to comment.
Xbox pitching a package of major IP to Hollywood studios including Halo, Warcraft, The Elder Scrolls and more. Universal/Netflix/Paramount interested
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Microsoft’s 2023 acquisition of Activision Blizzard gave Xbox control of an enormous entertainment catalog. The combined company is now described as the largest video game publisher outside China, yet much of its intellectual property still has no Hollywood adaptation.
The reported arrangement would place the full group of properties with one buyer instead of splitting the franchises between separate adaptation partners. No agreement has been finalized, and the eventual partner, price, and franchise lineup could still change as discussions continue.
Several Xbox properties already have adaptation deals
The catalog already includes multiple projects with established partners. Minecraft is tied to Warner Bros. and Legendary for movies, while Fallout is being handled by Amazon. Paramount is also behind an upcoming Call of Duty film.
Paramount+’s Halo series premiered in 2022 and ran for two seasons, drawing mixed reactions from critics and fans over its pacing and changes from the games. Its rights have since returned to Xbox. Netflix is developing both Gears of War and an animated Minecraft series.
Amazon’s Fallout adaptation had a warmer run, attracting strong viewership and continued attention for the franchise. That contrast gives potential buyers plenty to consider as they weigh whether the combined Xbox package can deliver several successful productions rather than a single standout show.
The proposed deal could cost more than $300 million
One source put Microsoft’s requested price above $300 million for a long-term agreement. At least one potential partner reportedly balked at that figure, with talks cooling after the price entered the conversation.
The pitch also comes after Microsoft cut 3,200 Xbox jobs in July, representing about 20% of the division’s workforce. A single deal covering a large group of properties would give Microsoft one way to pursue new revenue from franchises that have not yet received screen adaptations.
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