Posted on Gamersyde (from NewGaf):
This is from artredis1980 from Neogaf, he was the guy to post about the 360 3 SKU price drop 3 days before it was leaked, sounds pretty legit
* Microsoft will own around 45% of Bungie stocks
* Bungie will become a public gaming company like Rockstar and Epic
* Bungie will be allowed to create thier own engine and thier own games for any console/system they want
* If Bungie makes a game for any other console other than MS, MS will still get royalty $ from the profits obtained from that game
* Microsoft will have majority rights in the board room and financial decision making of Bungie
* Bungie is now allowed to make games for Nintendo and Sony but it also needs to be on Xbox 360 as well
* Microsoft made this financial decision as Gamers are more likely to buy 360 games than PS3/WII games per system
* An Independent Bungie will be more valuable than a Microsoft owned Bungie, More games are potentially to be sold on 360 with an independent Bungie
* Microsoft has all rights to Halo, ONI and Myth, Bungie will develop Halo for Microsoft and it will be published by Microsoft.
* Bungie will develop 2 more Halo games in Collaboration with WETA published by Microsoft
* The only games Microsoft will not have exclusive rights for are the ones which are new IPs.
Bungie would effectively increasing its value and possibly size while MS has majority control, Halo and the last word on financial decisions.