alt Hacker NewsIn this case it is none of the above and it is about deals on selected ip characters for movie/shows production but there are many ways to "buy" stuff. In theory Microsoft could just shutdown the xbox divisions and just sell the XBox brand + some selected IP rights. The buyer would be free to use whatever tech they decide on next iteration of console/OS.
Yes, I know that this article is about IP rights for Netflix shows and movies. OP said they initially thought it was for all of Xbox, which is a theory that's been gaining traction online in gaming and tech spaces that Microsoft is trying to sell the Xbox business maybe to Tencent, a Saudi fund or private equity[0]. There were a bunch of threads about it on various gaming subreddits.
[0] https://www.theverge.com/games/962837/microsoft-xbox-spin-of...