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Microsoft Is Developing A Streaming Service Like Netflix For Xbox Games   Microsoft is working on 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 players will be in a position to stream blockbuster films to their Xbox smartphone, laptop or computer.      It's unclear if players will be required to pay for individual games, or be capable of accessing the entire library for a monthly fee similar to video on demand services.      Microsoft doesn't believe streaming will replace dedicated consoles in the end however, the company did announce that new Xbox hardware was in the works.      Microsoft is developing a Netflix-style streaming video game service that will bring console-quality gaming to all devices. Microsoft also announced 50 new games for gamers during its E3 presentation, setting which is a record for the company based in Redmond.      Xbox boss Phil Spencer also teased the new video game streaming service, which Spencer claims will allow users to 'unlock console-quality gaming for any device'      Executive President of Gaming Phil Spencer revealed Microsoft's plans to launch a cloud-based service during its press conference during the video game Expo E3 in Los Angeles.      Spencer said: "Our cloud engineers are developing a gaming streaming network for console-quality gaming across all devices.      "We are committed to improving your experience everywhere you want to play - your Xbox or PC, as well as your phone.'      This approach, known as Cloud Gaming, allows players to access an extensive library of games without the need to download or install each individual game.      Cloud gaming lets console-quality games to run on less powerful devices like smartphones. All the heavy lifting is performed on a server and not on the device used by the player.      This is quite different from traditional console games, that have to process everything on the disc locally and consequently require powerful chipsets and fan systems.      Amazon is being attacked for its Echo and... Snapchat update allows you to buy tickets for concerts and...      Spencer, Xbox boss, didn't reveal a date for the service's launch on stage. However, he has previously hinted that Microsoft's game streaming might be available before 2020.      Rival PlayStation isn't alone one with an interest in game streaming services. Rival PlayStation also offers the option of streaming games to your devices.      Dubbed PlayStation Now, the subscription service costs PS12.99 ($20) a month. It allows users to stream more than 500 titles on their Sony PS4 or Windows PC.      Sony launched its cloud gaming service after it acquired rival services Gaikai and OnLive.      Microsoft hasn't given up on its hardware plans, despite its primary focus on streaming videogames.      It's unclear if players will need to pay to access individual titles, or if they will be able to access the entire library for a flat monthly fee, much like Netflix      But despite teasing a streaming service, Microsoft revealed plans to continue to build Xbox hardware and consoles, with new models being developed.      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 announce the Xbox One's sequel and suggested that Microsoft could have a number of new consoles in development.      He also said that the same team that provided unparalleled performance with Xbox One X was deep into the design of the next Xbox consoles. This will allow them to once again fulfill their commitment to console gaming.      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.      He told Eurogamer: 'As you think about this next generation of hardware that will eventually arrive, many of the massive, huge games that people play currently will exist when the next hardware comes out.      You won't see an "2" in the middle of these games because they are trying to guide you to the next version. In the old days of games shipping through the system, being played and disappearing - which was the way it was for all the games - a console transition was an easy step-function.      "We went through it in Minecraft. We didn't launch Minecraft 2 on Xbox One to force everyone to upgrade to the next console. Liberty That's not what Minecraft players would like to see. They simply want Minecraft to get better.      "When you think of games such as Fortnite or PUBG, you think about the massive games and ecosystems that will be out there, when new hardware arrives, people will still want to play these games and it's important for us to support them.      Microsoft announced a new game in its popular Halo series, dubbed Halo Infinite that will be exclusive to Xbox-branded consoles      Microsoft also showed a record number of brand new games to its players during its E3 presentation.      The company has released a range of exclusive titles, including new additions to its Halo and Gears of War series.      Spencer described the company's "most diverse gaming portfolio" as the newest list of games. 

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