Take-Two Signs New Long-Term Xbox License Agreement With Microsoft
Filed with the SEC on · Summarized by InvestorsBot
Take-Two Interactive Software entered a new long-term Xbox Publisher License Agreement with Microsoft, effective September 17, 2026, replacing its existing Xbox license agreements. Microsoft will pay applicable wholesale prices and/or agreed revenue shares for digitally delivered products, while Take-Two will pay fees and royalties for physical media products; Microsoft retains approval rights over games and related packaging and marketing. The agreement can be terminated for material breach or insolvency, and its full terms will be filed with Take-Two’s next Form 10-Q.