mergers

And the teams and IPs that remain are "not for sale".

Microsoft president Brad Smith meets with UK Chancellor next week.

Sources say he "will absolutely remain at the gaming giant to run the company".

"Thought of being able to think about what could happen with those franchises is pretty exciting to me."

A new strategy will focus on "buying majority stakes mainly in overseas gaming companies".

Companies approached are rumoured to include Amazon, Apple, Disney, and NBCUniversal.