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Is Microsoft Activision Blizzard Deal Dead?
The U.K. Competition and Markets Authority (CMA) has announced that it is blocking the proposed Microsoft purchase of Activision Blizzard. Does this mean the deal is dead? The answer is complex. Summary: AKA Just Give Me the Answer DFC gets a ton of questions on this subject so we are providing a full summary of events here. However, for the quick summary: No the deal is not dead! However, Microsoft will likely need to make further compromises to appea…..
Microsoft Hardware Revenue Has Major Decline
For its third fiscal quarter ending 3/31/23, Microsoft reported that Xbox Hardware revenue was down 30% year over year. Xbox content and services were up 3%. Overall game revenue was down 4% to $3.6 billion. Analysis The big news this week has been the U.K. blocking Microsoft’s acquisition of Activision Blizzard. The recently released financia…..
U.K. Blocks Microsoft Purchase of Activision Blizzard
The U.K. Competition and Markets Authority (CMA) has announced it will prevent the proposed Microsoft purchase of Activision Blizzard for $68.7 billion. The deal was blocked on the ground that the merger could make Microsoft even stronger in cloud gaming, stifling competition in the growing market. In making th…..
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