• Loading stock data...
Thursday, November 21, 2024
Law

FTC Could Approve Microsoft’s Activision Blizzard Acquisition Soon

  • Microsoft could gain FTC approval for its acquisition of Activision Blizzard next month.
  • The deal still needs approval by the E.U. and U.K.
Microsoft
Shutterstock

The biggest gaming acquisition in history could gain FTC approval as soon as next month.

Microsoft submitted “Second Request” documents to the government agency regarding its $68.7 billion purchase of Activision Blizzard, which may include details on earnings, sales, and specific games. 

  • Once Microsoft and Activision have completed Second Request filings, the FTC has 30 days to respond.
  • The agency can opt not to object, ask the parties to alter the deal, or issue a court order seeking to block the deal. The FTC can also extend the evaluation period to seek more information.
  • The deal is also under scrutiny by the E.U. and U.K.

Sony’s Stakes

Activision Blizzard, the creator of certain hugely popular titles, including “Call of Duty,” presents a set of choices for Microsoft, should the acquisition go through.

PlayStation-maker Sony could lose $500 million per year if Microsoft makes “Call of Duty” an Xbox-only title, according to an analysis by TweakTown. That move may also cost Microsoft $1 billion in sales, though it could presumably also drive console sales.

Microsoft has said it plans to keep “Call of Duty” on PlayStation and expand it to more platforms, including Nintendo Switch.

Activision earned $1.5 billion each from Apple and Google in 2021 through taking a cut of sales on their platforms, as well as $1.3 billion from Sony and $880 million from Microsoft.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Electronic Arts’ Layoffs Signal Ongoing Evolution, Struggles

The company is set to make a second major round of staff cuts in the last year.
Sony-Playstation-Demo-Booth

Sony to Lay Off 900 From PlayStation Team After Missed Sales Target

Cuts come amid a tough stretch for the gaming industry.
microsoft

Microsoft Finalizes $69B Acquisition of Activision Blizzard

The company beat numerous antitrust concerns to get the deal done.
The U.K. regulator is Microsoft's last major hurdle to pass.

U.K. Reconsiders Activision Takeover Amid Revised Microsoft Offer

Microsoft’s new proposal grants cloud streaming rights to Ubisoft.
podcast thumbnail mobile
Front Office Sports Today

Who Can Actually Afford Juan Soto?

0:00

Featured Today

Nov 18, 2023; Las Vegas, Nevada, USA; Williams Racing driver Logan Sargeant of the United States (2) during the Las Vegas Grand Prix at Las Vegas Strip Circuit.

F1 Grand Prix Upended Vegas Last Year. Stakes Are High for Its..

Stakes are high as F1 gears up for a successful second act.
Classic Football Shirts New York Pop-Up
November 18, 2024

Vintage Soccer Jerseys Have Found a Sweet Spot in the Lucrative U.S...

The money-making shirts are at the prime intersection of memorabilia and fashion.
Nov 13, 2024; New York, New York, USA; New York Knicks guard Josh Hart (3) reacts after fouling Chicago Bulls guard Coby White (not pictured) during the second half at Madison Square Garden.
opinion
November 16, 2024

NBA Ratings Rorschach Test: Buy the Dip

Was it the election? Too many threes? Lack of storylines?
November 15, 2024

Executive Decision: When Richard Nixon Named a College Football Champion

In 1969, the 37th president unilaterally named the winner of the season.
Jul 8, 2021; Phoenix, Arizona, USA; Phoenix Suns owner Robert Sarver reacts during the second half in game two of the 2021 NBA Finals at Phoenix Suns Arena. Mandatory Credit:

Former Suns Employee Sues Team Over Wrongful Termination, Retaliation

Andrea Trischan was the team’s former DEI program manager.
Brett Favre and Donald Trump
November 7, 2024

What Donald Trump’s Win Means for Welfare Probe, Brett Favre

Favre spoke at Trump’s rally last week in Green Bay, Wis.
November 8, 2024

Michael Jordan’s Team Loses Bid for Temporary Injunction Against NASCAR

The teams can still compete, but will miss out on certain guarantees.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
October 25, 2024

Everything You Need to Know About the Kawhi Leonard Lawsuit

A longtime trainer of Leonard’s is suing the Clippers for wrongful termination.
Oct 22, 2024; Los Angeles, California, USA; Los Angeles Lakers guard Bronny James (9) and forward LeBron James (23) warm up before a game against the Minnesota Timberwolves at Crypto.com Arena.
October 24, 2024

LeBron and Bronny James Target of Lawsuit Over 2022 Car Crash

They made history Tuesday as the NBA’s first father-son teammates.
Apr 3, 2022; Arlington, TX, USA; WWE owner Vince McMahon enters the arena during WrestleMania at AT&T Stadium.
October 23, 2024

Former WWE ‘Ring Boys’ Allege Vince McMahon ‘Allowed’ Sexual Abuse

The suit claims the WWE and the McMahons “failed these boys.”
Former UFC fighter Cung Le
October 23, 2024

Judge Allows Reworked $375 Million Settlement for UFC Fighters to Move Forward 

Hundreds of fighters could start to see six-figure payouts next year.