Microsoft will sell Activision Blizzard streaming rights to Ubisoft

Microsoft president Brad Smith states that this change means Microsoft won't control the "exclusive" rights to stream Activision Blizzard games.

"Under the restructured transaction, Microsoft will not be in a position either to release Activision Blizzard games exclusively on its own cloud streaming service - Xbox Cloud Gaming - or to exclusively control the licensing terms of Activision Blizzard games for rival services," Smith wrote today in a blog post setting out the change.

Ubisoft will be able to license the games to a range of other cloud gaming and subscription services, and pay Microsoft for the rights to each title via a "one-off payment" and "an option that supports pricing based on usage".