Microsoft to buy Activision Blizzard for 69 billion $

[SvennoJ]

I'm rather disgusted by this news and Phil Spencer is the biggest hypocrite (in the open that is)

"Microsoft's astonishing $68bn price-tag for Activision Blizzard was calculated based on a price of $95 per share - roughly 45 percent above Activision's stock price before the announcement.

Come 2023, when the deal is likely finalised, this will give Activision Blizzard's shareholders a significant payday. This is also expected to be when controversial boss Bobby Kotick finally exits."

The irony: https://www.eurogamer.net/articles/2021-11-18-xboxs-phil-spencer-tells-staff-he-is-evaluating-all-aspects-of-relationship-with-activision-blizzard

After evaluation this is what they came up with. Reward the cunts with a huge buyout so they can retire in luxury while the narrative shifts the focus away from the investigation. No doubt this deal was already on the table in November, it didn't just happen out of the blue.

DISGUSTING. And it's working. 99% of the talk is about further acquisitions, what it means for game pass, for subscriptions, for Sony, with a little footnote, maybe it will get better for the employees. Yet Kotick is guaranteed to stay until the buyout is complete after which he gets a golden handshake to retire. Will the rest of the enablers on the board get removed? Will working conditions actually improve?

Actually the narrative of cleaning up the company will distract from all the redundancies while the company is restructured. Jobs are never safe during a big take over, from having cunts as bosses to wondering whether you'll be made redundant.

Go on celebrating CoD on gamepass, this 69 billion deal is for the mobile market. There isn't enough profit in 'core' games to warrant this size of an acquisition. It's all about breaking into mobile with the dream of hundreds of millions of mobile gamers on gamepass buying micro tranactions.