According to a post on the Xbox subreddit by user Volcaandsora (thanks Game Rant), Xbox has started sending out notifications to players warning them of the incoming changes. While there seems to be some confusion surrounding the policy, as Xbox had previously stated that captures would be deleted in January, its introduction now seems to have been pushed back to May 30, giving you a little more time to back up your precious memories.
NOTE TO ALL XBOX USERS
byu/volcaandsora inxbox
Once May 30 rolls around, every single video or screenshot that has been captured and stored on the Xbox Network that is older than 90 days will be automatically deleted, as Xbox is more than likely attempting to free up server space. This includes screenshots and recordings that are stored both internally and via the cloud, but thankfully, it's fairly easy to back up any media files you want to keep.
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Related Forum: Xbox Forum
Source: https://www.thegamer.com/xbox-deleting-game-captures-may-30/
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