What you need to know
- Microsoft is currently in the process of acquiring Activision Blizzard for approximately $69 billion.
- The deal is under regulatory review, and has seen PlayStation’s parent company, Sony, push to have the deal blocked.
- Microsoft has reportedly offered Sony a 10-year deal for Call of Duty to remain on PlayStation hardware.
- According to a new report, Microsoft and Sony recently held meetings to discuss the exact terms of the deal.
As Microsoft continues to try to close its biggest deal ever, we’re getting more and more reports about various potential actions and concessions that Microsoft will agree to in order to close the deal.
The latest report comes from Search for alpha (Opens in a new tab)which reports that Microsoft and Sony recently held meetings to discuss terms and provide assurances that after the deal closes, Microsoft will do so Allow Activision games to be played on a PlayStation console.
This deal, valued at approximately $69 billion, is The biggest acquisition in video game historyand you’ll see Microsoft add Activision Publishing, Blizzard Entertainment, and King to its existing Xbox One Publishers for Xbox Game Studios and Bethesda Softworks.
Sony has repeatedly disputed the deal, with Sony Interactive Entertainment CEO Jim Ryan stating that Microsoft’s initial three-year offer for Call of Duty remaining on PlayStation was “inadequate”, while Sony argued that Microsoft would be able to raise prices On Xbox Games, Xbox Consoles, and Xbox Game Pass once the deal closes.
Microsoft’s purchase of Activision Blizzard It is currently undergoing regulatory review in several countries, including the FTC in the United States, the CMA in the United Kingdom, and the European Commission in the European Union. The deal has so far been approved without restriction by Saudi Arabia, Brazil and Serbia.
Before this latest update, Microsoft reportedly offered Sony 10 years of Call of Duty as a concession to the European Commission in order to obtain approval for the deal. Another report recently pointed out The Federal Trade Commission is “likely” to block the deal, although it is also possible for the regulator to set up a lawsuit as part of a move to obtain liens. The latest report indicates that the FTC decision can be expected by January 2023.
It’s worth emphasizing that this is just a report, and how volatile this story has been over the past several months, we’ll have to wait and see how it all plays out going forward.