In a surprising move, Microsoft has announced that it will be closing down its Xbox Television Show studio. The studio was responsible for producing original content for the Xbox platform, including the popular series "Halo" and "Gears of War."

Microsoft said that the decision to close the studio was made after a "thorough review" of its business. The company said that it would continue to produce original content for the Xbox platform, but that it would do so through partnerships with other studios.

The closure of the Xbox Television Show studio is a major blow to Microsoft's gaming ambitions. The studio was seen as a key component of Microsoft's plan to compete with Sony, which has its own successful television and movie studio.

Microsoft said that it will continue to support the "Halo" and "Gears of War" series. However, it is unclear how the closure of the studio will impact the future of these franchises.

The closure of the Xbox Television Show studio is a significant development in the gaming industry. It is a sign that Microsoft is shifting its focus away from original content and towards partnerships with other studios. It remains to be seen how this will impact the Xbox platform and the gaming industry as a whole.