Amid all of the various documents accidentally leaked to the public last week from Microsoft's FTC case, one that was overlooked but is potentially the most interesting to read was an email that Phil wrote in March 2020 in an exchange with the Xbox team planning ahead of a feedback meeting with Take-Two.
This is the text of the email:
Kotaku's analysis of the email
Leaked Xbox Boss Email Perfectly Explains Why Game Publishers Are Eating Themselves Alive
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Head of Xbox Phil Spencer pitches Game Pass as an alternative to relying on big budget blockbusters