Wednesday, May 13, 2026

Microsoft Says $69B Merger Without ‘Call of Duty’ is Game Over

  • Microsoft brushed off the notion that it would remove ‘Call of Duty’ from its $69 billion deal to acquire Activision Blizzard.
  • The company struck deals with Nintendo and Nvidia to bring the title to their platforms.
A defeat screen is show in front of a Call of Duty professional player during a tournament after a competitive match.
Adam Cairns/USA TODAY NETWORK

Microsoft has remained optimistic about its deal to acquire Activision Blizzard — but it won’t go ahead without its signature title.

After a British regulator suggested that Microsoft may need to divest “Call of Duty” to go forward with its $69 billion acquisition, company president Brad Smith shot down the idea that the franchise could be removed from the deal.

It is not “feasible or realistic to think that one game or one slice of this company can be carved out and separated from the rest,” Smith told reporters. 

Regulators in the U.S., U.K., and European Union have been scrutinizing the deal over concerns that it could give Microsoft too much power in the gaming sector.

Two Call of Duty cosplayers in front of an Activision sign

Activision Blizzard Sets Records, Nintendo Flops

Activision Blizzard reported $2.33 billion in fourth-quarter revenue.
February 7, 2023

Microsoft recently reached deals with both Nvidia and Nintendo to put “Call of Duty” on their platforms.

The company has made the argument that the deal would benefit gamers and also pointed to Sony as a more dominant company in gaming, noting that it sells more consoles. 

Smith described the choice now before regulators: “Do you want to kill a deal and cement Sony’s position and its 80% share in the European Economic Area, or do you want to let the future go forward with behavioral guardrails and remedies and bring this title to 150 million more people?”

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Apr 11, 2025; Portland, Oregon, USA; Portland Trail Blazers forward Kris Murray (24) grabs a rebound during the second half against Golden State Warriors guard Buddy Hield (7) at Moda Center.

The Trail Blazers Are Finally for Sale. The Seahawks Are Not

Jody Allen is mandated to sell her late brother’s sports teams.
Teammates embrace during matchup in The Hundred cricket league

Big Tech CEOs Buy Stakes in Cricket League

The England and Wales Cricket Board raised £520m by selling team stakes.
Sundar Pichai

CEOs of Google, Microsoft Team Up in Attempt to Buy Cricket Team

Five Silicon Valley CEOs have come together for a joint ownership bid.

Electronic Arts’ Layoffs Signal Ongoing Evolution, Struggles

The company is set to make a second major round of staff cuts in the last year.

Featured Today

Collectible Cups Are Sending Sports Fans Into a Frenzy

The drink is secondary to the wild vessel it comes in.
Matt Palumb
May 8, 2026

Pro Lacrosse’s Top Ref Is As Famous As the Players

The last celebrity referee is in the Premier Lacrosse League.
May 2, 2026; Atlanta, Georgia, USA; Atlanta United midfielder Saba Lobjanidze (11) reacts to his goal against the CF Montréal in the first half at Mercedes-Benz Stadium. Mandatory Credit
May 7, 2026

How Atlanta Unexpectedly Became the Epicenter of U.S. Soccer

U.S. Soccer is opening a new national HQ in Georgia.
Tottenham Hotspur
May 6, 2026

Tottenham Hotspur Is Facing a Billion-Dollar Disaster

A seemingly improbable drop to England’s second tier is a tangible possibility.
Casey Wasserman, Chairperson and President of LA28, during the media conference celebrating the 1000-day countdown to LA28 at Devon Park in Oklahoma City, Monday, Oct. 20, 2025.

Wasserman Buyers Narrow as PE Conflicts Sideline Major Firms

Private-equity firm TA Associates has removed itself from the running.
April 16, 2026

How Taylor Swift’s Catalog Led Her Former Label Boss Into Sports

Scott Borchetta profited greatly from the sale of Swift’s masters.
April 23, 2026

Want to Own a 100-Year-Old Austrian Soccer Team for $500?

Vestible’s first team is Kapfenberger SV 1919.
Sponsored

What Is It Like to Run the Knicks?

Dave Checketts on his time running the Knicks & Jazz, Jordan war stories, and his investment strategy across major sports leagues.
John and Louis Antonelli
exclusive
April 13, 2026

Chernin Group Leads Funding Round in Social Box Score App ‘Real’

The app combines live stats and play-by-play with a social media experience.
Jack Nicklaus speaks to media prior to the start of the Memorial Tournament at Muirfield Village Golf Club in Dublin, Ohio on May 27, 2025.
March 27, 2026

Jack Nicklaus Re-Acquires Nicklaus Companies After Lawsuit

Nicklaus takes back ownership of marks like the iconic Golden Bear.
Team WNBA guard Caitlin Clark dribbles up the court against Team USA during the WNBA All-Star Game at Footprint Center in Phoenix on July 20, 2024.
February 3, 2026

Fund Backing Women’s Sports Raises $250M and Counting

Jason Wright oversees a fund that has secured $250 million.
January 28, 2026

CVC’s New Sports Business Buys Into $300M Equestrian Company

Global Sport Group bought a controlling stake in Equine Network.