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Microsoft Is Working On An Online Streaming Service Like Netflix For Xbox Games   Microsoft is developing an online streaming service similar to Netflix for video games that promises to bring console-quality gaming to any device'.      The Redmond-based company claims that gamers will be able stream blockbuster movies to their Xbox laptop, desktop or mobile.      It is unclear whether players will have to pay for each game or whether they will be able to access the entire library for a monthly cost including video on demand.      Microsoft believes that streaming will replace dedicated consoles, with the company also hinting that a new Xbox hardware is already in development.      Microsoft is developing an online streaming service similar to Netflix for video games that will bring console-quality gaming to any device'. The firm also announced 50 new games for gamers during its E3 presentation - an all-time record for the company based in Redmond.      Phil Spencer, Xbox boss has teased the upcoming video game streaming service that he said will allow gamers to play console-quality games on any device.      Microsoft's Executive President of Gaming Phil Spencer spoke at the E3 press conference in Los Angeles to reveal its plans to build a cloud-based service.      Spencer said: "Our cloud engineers are building an online gaming network that will unlock console-quality gaming on any device.      "We are committed to improving your gaming experience everywhere you play on your Xbox as well as your PC and your phone."      This method, also known as Cloud Gaming, allows players to access an extensive library of titles without having to download or install every game.      Cloud gaming allows console-quality games to run on devices with less power, such as smartphones. All the heavy lifting happens via a server and not on the device being used by the player.      This is very different than traditional video console games , which must process all data on the disk locally and therefore require high-end chipsets.      Amazon is being criticized for its Echo and... Snapchat update allows you to buy tickets to concerts and...      Xbox director Spencer did not announce an exact date for the launch of the service in his keynote, however he has previously teased that Microsoft's game streaming might arrive prior to 2020.      Rival PlayStation isn't the only one to be interested in streaming games. Rival PlayStation also offers the option of streaming games to your devices.      PlayStation Now is a subscription service that costs PS12.99 ($20 per month) and lets players stream over 500 titles on their PlayStation 4 or Windows PC.      After it bought rival services Gaikai, OnLive, and Sony, Sony launched its cloud gaming platform.  games     However, despite its focus on streaming video games, Microsoft has not abandoned its hardware plans.      It is not clear whether users will need to pay for individual titles or the possibility of being able to 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 already in the pipeline      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 tease the Xbox One's sequel, and hints that Microsoft might have several new consoles in development.      'The same team that delivered an unprecedented performance with Xbox One X is deep into architecting the next Xbox consoles, where 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 big, massive games people are currently playing will be around when the next hardware is released."      There isn't an "2" at the final game of these games, because people are trying to guide you to the next version. In the old days of games shipping, getting played and then going away - and that was the way it was for all the games - a console switch was a simple step-function.      'We went through it with Minecraft. We didn't launch Minecraft 2 on Xbox One to force everyone to upgrade to the next console. That's not what Minecraft players would like to see. They just want Minecraft to get better.      When you think about games like PUBG and Fortnite and you consider these huge games and ecosystems that'll be out there, when new hardware is released, players will still want to play those games, and it's going to be important for us as platforms to be able to support them.'      Microsoft unveiled a new entry in its wildly popular Halo series called Halo Infinite that will be exclusive to Xbox-branded consoles      Microsoft also showed an unprecedented number of brand new games to its players during its E3 presentation.      The company ripped the wraps off of a selection of exclusive titles, including brand new entries in its Halo and Gears of War series.      Spencer spoke of the company's "most diverse gaming portfolio" as the newest list of games. 

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