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Xbox One release date: November 2013?

A developing contract between Activision Blizzard and Bungie has been posted online, showing interesting details about a future MMO title to be featured exclusively on Microsoft's Xbox 360 and its next-generation console: the Xbox 720.

The contract is signed between two of the world's most renowned gaming companies, responsible for producing titles such as Diablo, Warcraft, StarCraft, World of Warcraft and Halo. According to the leak, these firms are currently working on a new Massively Multiplayer Online franchise called Destiny that's going to be a first-person shooter with a sci-fi theme in mind.

However, what's really interesting is the fact that the first Destiny title should be released in November next year as an Xbox 360 and 720 exclusive, with the document itself referring to the next-generation console from Microsoft as 'Xbox 720'.

Yet the contract fails to mention if Microsoft will choose to release two versions of the gaming platform, as previously hinted.

Earlier rumours talked about the possibility of two devices being launched, one being lighter that will use ARM architecture as well as be optimised for arcade titles, and another that will indeed be the true successor of Xbox 360, possibly packing a 16-core processing chip.

Lastly, the November time frame offers Microsoft the possibility of tapping into the pre-Christmas shopping frenzy - keeping true to previous reports.

Source: LA Times