Eyeing More ‘Minecrafts’ And ‘Fallouts’, Microsoft Xbox Launches XP Unit To Take Properties Beyond Video Games

Microsoft Xbox has launched a new division called XP to expand its intellectual properties beyond video games, aiming to replicate the success of Minecraft and Fallout. The XP unit, named after experience points, focuses on diversifying IPs into movies, TV adaptations, and merchandise. This strategic initiative includes specific components such as Xbox Pictures for screen adaptations and Xbox Products for licensing. Additionally, Microsoft has appointed a new CEO for Mojang as part of these organizational changes.