Xbox Exec Responds to Street Fighter 5 PS4 Exclusivity

"Business deals happen."

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Xbox gaming executive Phil Spencer has responded to the announcement that Capcom's fighting game Street Fighter V is coming exclusively to PlayStation 4 for its console release.

He says on Twitter that Microsoft can't win every business deal, and that he'd rather invest in Killer Instinct, Microsoft's own fighting game franchise.

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"Business deals happen," he explained to a fan. "We won't do all of them. When we have a 1st party franchise in a genre I'd rather invest in ours."

Spencer added that, while Microsoft will make exclusive business deals from time to time--Dead Rising 3 and Rise of the Tomb Raider are two examples--the company also sees owning IP as of paramount importance.

"There is a mix of deals to do," he said. "But making sure we own IP [that] Xbox gamers love is critical [in my opinion]."

Spencer went on to say: "I'd love it if Xbox fans could play all the games, but business just makes some deals happen. It's all part of competition."

After a trailer for the game arrived ahead of schedule, Street Fighter V was officially announced on December 6 during Sony's PlayStation Experience event in Las Vegas. The game, which is also coming to PC, will support cross-platform play between PS4 and PC. Capcom has not announced a release date.

Check out the image gallery below for some of our favorite Street Fighter V images.

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