• Loading stock data...
Monday December 23, 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
Copy Link
Link Copied
Link Copied

What to Read

Sony-Playstation-Demo-Booth

Sony’s Gaming Unit Takes 49% Drop in Profit

Sony allocated a lot of money toward development and acquisitions in Q2.

Microsoft CEO: Gaming ‘Resilient’ During Economic Uncertainty

Video games have become a bright spot for Microsoft.

European Video Game Publisher Sells for $642M

MY.GAMES has been sold to Alexander Chachava for $642 million.
gaming

Saudi Arabia Plans $37.8B Gaming Investment

Saudi Arabia is planning to become a leader in the gaming world.
podcast thumbnail mobile
Front Office Sports Today

Are Legacy Games Hurting NFL Thanksgiving?

0:00
0:00

Featured Today

Commanders Sale Could Hit $7B, Durant Wants In

A Washington Commanders sale could be wrapped up by the spring.
November 6, 2022

How the Astros Won the World Series Without Breaking the Bank

The Astros won the World Series with underpriced talent.
November 5, 2022

ESPN College GameDay Means More to Schools Than a Saturday Morning Spotlight

Schools reap ‘immeasurable’ benefits when the ESPN bus rolls into town.
kyrie-irving-nike
November 4, 2022

Nike Suspends Relationship With Kyrie Irving Over Antisemitism

After several days of silence, the brand has dropped Irving.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world with Jobbio.
Sr. Account Manager
Miami Heat
Miami, FL
Director of Ads
Nike
Portland, OR – Hybrid
Sports Journalist
CBS Sports
New York City, NY

DOJ Investigating Commanders Over Alleged Financial Wrongdoing

The DOJ has spent months investigating the team over alleged financial improprieties.
November 1, 2022

Montana Lawmaker Drafting ESPN ‘College GameDay’ Legislation

Senator working to lure ESPN’s “College GameDay” to state for first time.
Brett Favre
exclusive
October 28, 2022

Brett Favre Under Scrutiny for Role in Funding Concussion Cream

Favre has drawn new scrutiny from federal and state investigators.
October 26, 2022

Augusta National, USGA Pulled Into DOJ Antitrust Investigation

The PGA Tour is under federal investigation for anticompetitive behavior against LIV.
Brett Favre
October 26, 2022

Copper Fit Last Major Brand to Sideline Brett Favre Amid Welfare Scandal

Company removed Favre from its website one month after publicly backing him.
Liv Golf
October 26, 2022

Other States Could Follow New Jersey’s Anti-LIV Bill

Co-sponsor of bill said he’s heard other jurisdictions considering similar legislation.
juventus-fc-executives
October 25, 2022

Juventus Execs Could Face Criminal Charges Following Probe

Italian prosecutors concluded an investigation into Juventus’ finances and accounting.
Sage Steele
October 24, 2022

Sage Steele’s Lawyer Requests Timeout After Disney Ruling

The lawyer for ESPN anchor Sage Steele is asking for more time.