Microsoft is building a Netflix-style streaming service for video games. The service promises to bring console-quality gaming to any device'. The Redmond-based company says that gamers will be able stream blockbuster films to their Xbox laptop, desktop or mobile. It's unclear if players will be required to pay for individual games, or will be capable of accessing the entire library for a monthly cost like video on-demand services. Microsoft does not believe that streaming will replace dedicated consoles completely however, the company did announce that new Xbox hardware was in the works. Microsoft is building an online streaming service similar to Netflix for video games that is expected to bring console-quality gaming to any device'. Microsoft also announced 50 new games for gamers during its E3 presentation, which is which is a record for the Redmond-based firm. Phil Spencer, Xbox boss, teased the future video game streaming service he claimed will allow users to play console-quality games on any device. Microsoft's Executive Vice President of Gaming Phil Spencer spoke at the E3 press conference in Los Angeles to reveal its plans to develop cloud-based services. Spencer said: "Our cloud engineers are creating a gaming streaming network that will allow console-quality gaming to any device. We are committed to enhancing your experience wherever you wish to play - your Xbox or PC, and your smartphone.' This method, referred to as Cloud Gaming, allows players to access an extensive collection of games without having to download or install each game. Cloud gaming allows console-quality games to run on devices with less power, such as smartphones. All the heavy lifting is done on a server and not on the device used by the player. This is very different from traditional video console games, which have to process all data on the disc locally and therefore require powerful chipsets as well as fan systems. Amazon is being criticized for its Echo and... Snapchat update lets you purchase tickets to concerts and... Xbox boss Spencer didn't reveal the date of launch for the service on-stage, although Spencer has previously hinted that Microsoft's game streaming might arrive prior to 2020. The company is not the first to show an interest in a service that streams games as the rival PlayStation already offering players the possibility of streaming games to their devices. PlayStation Now is a subscription service that costs PS12.99 ($20 per month) and allows players to stream over 500 titles to their PlayStation 4 or Windows PC. After it acquired rival services Gaikai, OnLive, and Sony, Sony launched its cloud gaming platform. However, despite its focus on streaming video games, Microsoft has not abandoned its hardware plans. It is unclear whether players will have to pay for individual titles or if they will be able access the entire library for a single monthly charge, similar to Netflix. But despite hinting at streaming services, Microsoft revealed plans to continue to build Xbox hardware with new consoles being developed. Xbox boss Phil Spencer remained tight-lipped on any specifics about the forthcoming console, however, the executive did reveal that backwards-compatibility with older video games would play significant role for the new hardware Phil Spencer used the E3 keynote to reveal the follow-up to the Xbox One, with hints that Microsoft could have multiple new consoles in the works. The same team that delivered an unprecedented performance with Xbox One X is deep into the design of the next Xbox consoles, and we will once more fulfill our promise to set the standard for console gaming,' he said. Spencer remained tight-lipped on any specifics about the console, however, the executive did reveal that backwards-compatibility with Xbox One games would play significant role for the new hardware. Eurogamer was told by him: "When you think about the next generation of hardware, many of the massive, big games that people are currently playing will be around when the next hardware arrives." You won't see a "2" at the middle of these games, as they are trying to get you to the next version. In the old days of games shipping playing and going away the console switch was an easy step-function. "We played through it in Minecraft. We didn't launch Minecraft 2 on Xbox One to force everyone to upgrade to the next console. This isn't what Minecraft users want. They simply want Minecraft to improve. "When you think of games such as Fortnite or PUBG, you think about the massive games and ecosystems that will be available, when new hardware arrives the players will continue to play these games, and it's important for us to support these games. Microsoft unveiled a new entry in its wildly popular Halo series named Halo Infinite that will only be available to Xbox-branded consoles Elsewhere, Microsoft showcased a record 50 new games to fans during its E3 presentation. MINECRAFT EVENTS SERVERS The company released a variety of exclusive titles, including brand new additions to its Halo and Gears of War series. Spencer identified the list of new games as the company's "largest gaming portfolio ever'.

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