Jim Ryan speaking to those Fidelity investors said publishers don’t like Xbox Game Pass:

“I talked to all publishers they unanimously do not like Game Pass, because its value destructive.”

He defends the comments saying it’s a “very commonly held view by publishers.”

Microsoft lawyer: So you had no reason to think Mr. Kotick would put Call of Duty on Game Pass.. if this transaction was not completed?

Ryan: Correct.

Ryan also said to investors he was expecting more than 25 million Xbox Game Pass subscribers and that Sony’s 50 million PlayStation Plus subscribers during the investor meeting.