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Microsoft Bets on Activision Blizzard in $70 Billion Sale—What Does This Mean for Film and TV?

The metaverse is coming.

The gaming world shook this morning as news of Microsoft buying Activision Blizzard for nearly $70 billion was announced. The deal will value Activision at $68.7 billion, meaning it’s the third-largest gaming company by revenue, behind Tencent and Sony.

“Upon close, we will offer as many Activision Blizzard games as we can within Xbox Game Pass and PC Game Pass, both new titles and games from Activision Blizzard’s incredible catalog,” Microsoft’s CEO of gaming Phil Spencer said in a statement.

Spencer went on to say, “As a company, Microsoft is committed to our journey for inclusion in every aspect of gaming, among both employees and players. We deeply value individual studio cultures. We also believe that creative success and autonomy go hand-in-hand with treating every person with dignity and respect. We hold all teams, and all leaders, to this commitment. We’re looking forward to extending our culture of proactive inclusion to the great teams across Activision Blizzard.”

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Author: Jason Hellerman
This article comes from No Film School and can be read on the original site.

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