Microsoft wanted more Halo games and Bungie wanted to work on something else (Destiny). So they finished their contract with Microsoft and parted ways.
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Edited by DisturbedShifty: 6/27/2016 9:56:31 PMI am aware of that. That still doesn't change the fact that the original deal, between Bungie/Activision and Microsoft, was to release Destiny on the Xbox consoles first. Essentially the timed exclusive content was reversed in the beginning but only with the entire game.