Too Long; Didn't Read
Microsoft would go all-in on exclusivity and make all future releases Xbox/PC exclusive. Bethesda's revenue is now Microsoft's revenue, so they must decide if they will make all the money Bethesda loses in sales to other consoles by forcing people to buy their consoles to play Bethesda games. Despite the backlash, I still think people will buy the games and perhaps invest in games pass. The great thing about games pass is that its available on pc and mobile, meaning you don't need to buy a new console.