
In an interview with Game File that reportedly took place before the recent Xbox podcast, Phil Spencer reaffirmed Xbox's commitment to physical media. This may ring insincere in light of the continued growth of Game Pass for Xbox and PC giving mass access to games for a subscription fee, but Xbox's approach to backward-compatibility does lend some credence to the statement.
The full Game File interview with Phil Spencer covers more than just statements on physical media. Spencer also spoke about the 1,900 job cuts from Microsoft's gaming division, the general uptick in cloud gaming demand, and the slowly-stagnating nature of the current gaming business.