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Get filing alertsTake-Two and Microsoft sign new long-term Xbox Publisher License Agreement
Filed September 30, 2026 · Period ending September 28, 2026 · ~1 min read
Key Changes
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Take-Two and Microsoft entered into a new long-term Xbox Publisher License Agreement effective September 17, 2026, replacing all prior Xbox publisher license agreements.
Item 1.01 verify on EDGAR → -
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Microsoft will pay Take-Two the applicable wholesale price and/or agreed revenue share for digitally delivered products and content sold by Microsoft.
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Take-Two will pay Microsoft fees and royalties for each physical media product manufactured on its behalf under the agreement.
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Microsoft retains approval rights over each game concept, final game version, and packaging and marketing materials featuring Microsoft's marks.
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Either party may terminate the agreement for material breach or insolvency; upon termination, Take-Two has certain rights to sell off existing inventories.
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Summary
Take-Two Interactive Software and Microsoft have signed a new long-term Xbox Publisher License Agreement, effective September 17, 2026. The agreement supersedes all prior Xbox publisher license agreements between the companies and grants Take-Two the right to develop, publish, manufacture, market, advertise, distribute, and sell Xbox-compatible products for all Xbox devices.
Microsoft will compensate Take-Two for digitally delivered products and content sold by Microsoft through wholesale pricing and/or revenue sharing, while Take-Two will pay Microsoft fees and royalties for physical media products manufactured on its behalf. Specific rates and percentages are not disclosed in the filing.
Microsoft retains approval rights over each game concept, final game version, and packaging and marketing materials featuring Microsoft's marks, giving Microsoft significant control over Take-Two's Xbox product releases. The agreement can be terminated by either party for material breach or insolvency, and Take-Two has certain rights to sell off existing inventories upon expiration or termination. For retail investors, this agreement provides long-term certainty for Take-Two's ability to publish its titles on Xbox platforms, though the undisclosed financial terms make it difficult to assess the direct revenue impact.
Section-by-Section Diff
Event · Item 1.01 — Entry into a Material Definitive Agreement
Item 1.01 — Entry into a Material Definitive Agreement filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On September 28, 2026, Take-Two Interactive Software, Inc. (the “Company”) and Microsoft Corporation (“Microsoft”) entered into a new long-term XBOX Publisher License Agreement (together with all exhibits, addendums and amendments thereto, the “Agreement”), with an effective date of September 17, 2026.
Take-Two and Microsoft entered into a new long-term Xbox Publisher License Agreement. The agreement grants Take-Two the right to develop, publish, manufacture, market, advertise, distribute, and sell Xbox-compatible products for all Xbox devices. It supersedes and replaces all of Take-Two's existing Xbox publisher license agreements with Microsoft.
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Figures/quotes linked to EDGAR · Narrative written by AI · Oct 1, 2026 · How we verify