00:00We're starting to really go back to some of the core principles that made Xbox great.
00:04We all know games like Halo or Call of Duty, and that's all Xbox. This is a 21 billion business
00:09inside of Microsoft. And a lot of people don't realize that Microsoft owns Xbox, but it's
00:14actually their third largest business by revenue. It was a very curious choice when Satya Nadella
00:20chose to make Asha Sharma the Xbox CEO, because she was falling in the footsteps of a gaming
00:25legend, Phil Spencer. She's famously not a gamer. She did not play video games before this job.
00:29But she was put into this job because she's an operator. She was going to go and slash
00:33and cut and make the cutthroat moves that needed to be made inside the business to right size
00:38it. She's laying people off. She's consolidating studios. She's focusing on their biggest brands
00:43and seeing how much more money they can make.