Xbox launches licensing arm and appoints new Minecraft leader from Meta
Xbox has announced a new business arm focused on licensing its game franchises. Mojang has also appointed a new leader who previously spent a decade working on Facebook at Meta.
Xbox has announced a new business arm focused on licensing its major game franchises.
Mojang, the studio behind Minecraft, has also appointed a new leader. The executive previously spent a decade working on Facebook at Meta.
Licensing Xbox game franchises
The new arm is intended to generate additional revenue through licensing partnerships. The source links the strategy to recent Minecraft and Fallout adaptations, but provides no financial figures for either project.
The announcement comes as Xbox carries out large-scale layoffs. The company plans to cut 3,200 jobs in total across multiple rounds, although the source does not explain how the new licensing operation relates to those reductions.
What we know
- Xbox has created a new arm for licensing its game franchises.
- Mojang has a new leader who spent a decade working on Facebook at Meta.
- Xbox plans to cut 3,200 jobs across multiple rounds of layoffs.
Trust: Single source
- The story relies on one publisher. A second independent confirmation has not been established from the cited sources.
- Sources: Rock Paper Shotgun.
COMMUNITY
Discussion
Sign in to join the discussion.
Loading comments…