![]() The company needs a win, a redemptive title that proves to core fans that they can listen to criticism, and to the world at large that they're a responsible company. Antitrust officials in several countries may block the deal. Due to an editing error, an earlier version of this story said the record was for all of Activision Blizzard.It's a lot of baggage for Microsoft, which wants to buy the company for nearly $69 billion - potentially the largest video game acquisition in history. In 2013, Take-Two's Grand Theft Auto V saw sales of $1 billion in its first three days of sales, while its Red Dead Redemption crossed $725 million in revenue in three days when it launched in 2018.Ĭorrection: The game set a record for Activision's Blizzard unit. The sales record, while record breaking for Blizzard, is not an industry record. Marquee franchises from other companies, including Electronic Arts' FIFA and Madden lines, as well as Microsoft's own offerings, are available on Game Pass. Microsoft plans to appeal the CMA decision and will be litigating the FTC injunction.ĭiablo IV isn't available on Game Pass, an Activision executive said in March. Microsoft dominates the space, and with a possible Activision acquisition, it would be able to make popular franchises beyond Diablo exclusive to Microsoft's cloud platform, the CMA said. ![]() ![]() The global cloud-gaming market generated $5.1 billion in 2022 revenue but has sharply grown year over year. Even with European regulatory approvals, the planned acquisition faces a protracted appeals process.Īt the heart of the CMA's denial were concerns about Microsoft's domination of the cloud gaming space, through its Xbox Game Pass. The FTC has sued to block the deal in California federal court, while the U.K.'s Competition Market Authority has already said it will block the deal. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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