"We will not survive if we only revive on the past."

Image credit: Eurogamer

UPDATE 4.20PM BST: Eurogamer understands that this meeting took place and the transcription is correct, with the exception of the word "revive". The transcript should read: "We will not survive if we only rely on the past."

ORIGINAL STORY 11.30AM BST: Xbox leader Asha Sharma has reportedly broadcast her intent to "create enduring new IP" alongside the company's much publicised plan to organise around its biggest gaming brands - think The Elder Scrolls, think Blizzard, etc. But according to Sharma: "We will not survive if we only revive on the past."

Sharma apparently made those comments during a company-wide 'town hall' meeting last week, which Windows Central claims to have seen transcripts of.

Sharma reportedly said this in addition to dropping more information about Xbox's next-gen console Project Helix and while reflecting on Xbox's "return to growth" after "an all-time low" .

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