The head of Microsoft Satya Nadella has said that the company is "very, very focused" on the video games industry.

Speaking to investors at the firm's annual shareholder meeting - as transcribed by Seeking Alpha - the CEO said that his aim was to make sure that the huge audience for games had the all of the content they wanted.

Microsoft reported $11bn in revenue for its games business for the last financial year.

"We always have sort of focused on ensuring that our gamer community that counts on us to produce the best consoles has a new generation of consoles, which are powerful and really great for gameplay. And we are supporting it with the best content with the best community," Nadella said.

"But the broader vision we have is to ensure that the three billion gamers out there are able to play their games, anywhere they want with all the content they want and with whom they want to. And that's really what we are building our strategy around. You've seen us double our content portfolio with ZeniMax acquisition, you see us make advances in our community efforts and our subscription offers with Game Pass. And that's what you can expect from us. We are absolutely very, very much focused on gaming, and ensuring that all the three billion gamers around the world get the best content, best community and the best cloud services to power their gaming experiences going forward."

This comes in the wake of the Xbox firm announcing it was buying Bethesda parent company ZeniMax Media for a cool $7.5bn earlier this year. The company's Game Pass subscription service now boasts more than 15m users as of September, a 50 per cent increase since April.