Half true. Bungie is still a developer, but yes...Microsoft own the IP. Bungie was originally a studio owned Microsoft, but they bought themselves from MS so that they could be an independent studio. Just wish they were able to buy the rights to Halo as well:-(

Lol. I'm tired of everyone complaining. I own an Xbox one, and I'm not happy about the possibility of a year timed exclusive. If I had known before I bought the season pass, I wouldn't have. And I know, PS users have had timed exclusives for COD, but I believe they were only a few weeks. And I saw someone mention halo and titanfall. I truly wish that ps users got to play these games, but the comparison doesn't quite fit. They are console exclusive not timed. I would also like to point out games like Kill Zone and Uncharted. I don't get to play those games, but still I'm not going to complain about it. People need to grow up and realize, that while most game companies try to make amazing games that people will love, it's still all about the money. Sorry for the rant.