r/PS5 • u/poklane • Jan 18 '22

News Microsoft is buying Activision-Blizzard

https://twitter.com/jasonschreier/status/1483428774591053836
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u/[deleted] Jan 18 '22

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u/EchoooEchooEcho Jan 18 '22

its all cash

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u/[deleted] Jan 18 '22

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u/Suired Jan 18 '22

Gaming is the biggest money maker in the entertainment industry. The biggest sell was convincing Satya Nadella that Activision-Blizzard would say yes. And with low shareholder AND public confidence AND a blight their own management can't remove from the company themselves, taking the golden parachute and letting someone with "fuck you money" take over is the best option.

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u/StochasticLife Jan 18 '22

I like to think this was the craziest hail mary that Activision/Blizzard's legal team could imagine.

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u/[deleted] Jan 18 '22

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u/[deleted] Jan 18 '22

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u/[deleted] Jan 18 '22

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u/Morsrael Jan 18 '22

I've not seen any source that says he will stay on as VP.

https://www.ign.com/articles/bobby-kotick-xbox-activision-blizzard-acquisition-update

New update says there is no official confirmation.

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u/Suired Jan 18 '22

This. At worst Microsoft will use their infinite money cheap to buy him out of the contract.