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Pachter is correct.  And here's why it works.

Activision would make more money, even if they sell considerably fewer copies.  Remember that Activision only gets a slice of that $60 retail price on the box, but they get nearly ALL of their subscription, so they could make as much with 4 million players on subscription as they do currently moving 10 million copies.  So it's good for Activsion.

The players that DON'T now buy COD buy a different game instead, so it's good for others as well.  So it's good for other devs as well.

I think the only loser is the consumer who plays COD or other games that follow that lead, and perhaps MS with the double-dipping on fees.  The industry as a whole would actually likely bring in more money.



Can't we all just get along and play our games in peace?