Microsoft just bought Bethesda Softworks parent company ZeniMax Media for $7.5 billion, and Xbox now owns the rights to Elder Scrolls, Fallout
Microsoft just spent 3x more than it did for Minecraft in 2014 to buy ZeniMax Media, the parent company of the Bethesda Softworks publishing label and Bethesda Game Studios internal development teams. Xbox now owns the 2,300 team at ZeniMax, including all of Bethesda's first-party worldwide studios. And, most of all, Microsoft now owns Fallout, Elder Scrolls, and Doom, along with new franchises like Starfield.
Armed with Microsoft's billions, Bethesda plans to double-down on development of its biggest new games. Xbox's Phil Spencer confirms Bethesda's biggest games are now coming to Game Pass, but there's no word of console exclusivity. This is the single biggest buyout Xbox has ever done and represents decades' worth of value for the cross-platform brand. With Bethesda and Obsidian, Microsoft now has the RPG dream team on its side.