10°

Joe Plays - Hearthstone

Joe tries his hand (hilarious) at Hearthstone. Will he conquer the Naxxramas campaign?

Read Full Story >>
gamerspective.net
270°

Microsoft wins FTC appeal challenging $69 billion Activision Blizzard deal

May 7 (Reuters) - A federal appeals court on Wednesday rejected a legal challenge by the U.S. Federal Trade Commission to Microsoft's (MSFT.O), opens new tab $69 billion purchase of “Call of Duty” maker Activision Blizzard.
The San Francisco-based 9th U.S. Circuit Court of Appeals upheld a lower judge's order that said the FTC was not entitled to a preliminary injunction blocking the deal, which closed in 2023.

Obscure_Observer35d ago

Final nail in FTC´s coffin!

It was a lost cause from the start and a waste of taxpayers money!

Reaper22_35d ago

Indeed. When sony got exposed with some of their deals it was pretty much game over.

Christopher35d ago

That's not at all how this works. Sony made deals Microsoft, the trillion dollar company couldn't? You think that's what won them this case?

This wasn't seen as a act of attempting to monopolize the industry. Plain and simple.

Obscure_Observer35d ago

"Indeed. When sony got exposed with some of their deals it was pretty much game over."

And now that MS is releasing all of its Xbox games for all platforms, Phil is free to buy whatever studio or publisher he wants and FTC won´t have a case to say sh!t.

Like I said; It´s final nail in their coffin!

-Foxtrot35d ago

"exposed with some of their deals"

Says the company who said their plan was to "spend Sony out of business", you know a year before they bought Zenimax.

InUrFoxHole35d ago

@Fox
Both sony and ms are dead wrong my guy

TheCaptainKuchiki35d ago

What deals and what "exposed"? Sony did nothing that Microsoft didn't already do during the 360 era. You seem to have a selective memory.

S2Killinit35d ago

@Reaper22
What? Exposed? Deals? Stop talking gibberish.

On topic:
Hope MS’s xbox continues to go down the drain for this. I love how this deal was the nail in xbox’s coffin when some of the corporation worshippers here were hoping MS would deprive others from games that otherwise everyone would be able to play. Instead, MS was forced to put its own games on other platforms to pay for the billions they spent on this mergers/acquisitions. Hope they choke on it.

+ Show (3) more repliesLast reply 35d ago
IRetrouk35d ago

It was a lost cause once ms went multiplat, they cant be anti competitive if they release on everything......

DodoDojo35d ago

No bud this is an appeal, they already failed the first go and the FTC seeked to block the deal way before MS showed any signs of making their games multiplatform. Like most of the courts rulings, it just wasn't seen as the monopoly.

Reaper22_35d ago

Right. And they stated from the beginning that their intent was not to keep games off of plastation. Microsoft served subpoenas on Sony to produce documents and testimony related to the lawsuit, and the FTC ordered Sony to disclose information about its third-party exclusivity deals. And it exposed their dealings with other publishers to keep games off xbox and Gamepass. That is what helped them most in securing the deal.

PhillyDonJawn35d ago

Right, however 10 years from now (gen after next) ms could very well reverse that and get away with it. They'd already have made their money back from the purchase, any contract deal they signed would've be honored and finally expired

__y2jb35d ago

Let’s not rewrite history though. They only went multi platform because they were forced to. They failed to compete so badly it was that or close Xbox completely.

+ Show (2) more repliesLast reply 35d ago
1Victor35d ago

@obscured: “ Final nail in FTC´s coffin!”
Supreme Court here we gooooo 🎼 🎼 🎼🎹 🤣

UltimateOwnage35d ago

lol, celebrating consolidation. Good thing this is the deal that broke Microsoft’s back and made them go the 3rd party route on every platform.

Rockstar35d ago

Obscure will always cheer Microsoft. It doesn't matter the subject matter.

+ Show (1) more replyLast reply 35d ago
darthv7235d ago

Wait... they were still not done with this deal?

Christopher35d ago

No. FTC has multiple appeals since then. It was very unlikely they would win any, but they still had them. People claiming it was over with the first judge ruling don't understand how the law works and what avenues the FTC had available to them even though appeals are quite normal.

1Victor34d ago (Edited 34d ago )

It goes like this in the USA first trial the court of appeals it can be a partial court of judges if so after you got another appeal to the full court then after goes the supreme with a non full court after it’s another appeal to the full court when the full court decide on it then it’s over till then anything can happen.
Edit I forgot to say that this is a simplified version of things it can take multiple years to get through all the appeals on both sides

JEECE35d ago

This FTC case provided fascinating insight into gamers' views on economics/politics. It's very common for gamers to blame capitalism for many of the negative trends in the industry, but as soon as the U.S. government started exercising one of the most recognized limitations on capitalism (monopoly regulation), most gamers turned into libertarians and starting spouting Republican talking points (or at least pre-Trump era Republican talking points, lol) on "government staying out of the way of private businesses."

red2tango35d ago

They weren't told how to think on this topic so it let them use their brains without being told what to think about a topic. They ended up being reasonable and rational.

Traecy35d ago

I remember when certain people here were saying they weren't going third party, guessing to recoup that 69 billion they are doing just that.

Reaper22_35d ago

They said the same about sony. Now you can play Playstation games on PC/ xbox.

TriniOutsider35d ago

What PlayStation is game is Xbox?

JEECE35d ago

@TriniOutsider

MLB The Show. But arguably that is a special case. The seemingly accepted story behind that is that MLB told Sony they had to start making the game multiplatform to keep the MLB license. I haven't ever read definitive proof that happened, but assuming that (or something like it) is true, that isn't really indicative of a multiplatform trend in the same way that MS's recent launches on PS5 are.

Traecy35d ago

The only PlayStation owned games on XB is Destiny 2 which was already multiplatform & MLB The Show & that's because it's licensed by the MLB & wanted the game multiplatform. XB first party legendary exclusives are going multiplatform as well as the new games that were supposed to be exclusive to the XB gaming console. It looks though the XB gaming console will have minimal timed exclusives to no exclusives at all.

InUrFoxHole35d ago

@TriniOutsider
Get those gloves ready my boy. Gonna need em to move those goal posts. Think with your brain not your gamer heart. You think sony sees ms making all this money and says.. ok get that without us. Help me out here my guy! Sony charged you for psn, then they put their games on pc. What do you think is going to happen next?

PanicMechanic35d ago (Edited 35d ago )

Well said, hahahaha that’s so smart and intelligent and not gaslighty my man. you can now definitely play a lot of Ps games on Xbox. That’s the argument. That’s the point. Well done. PS is going third party. Wow, congratulations, no one realised it. Emphasis again on: it’s PlayStation making the moves to put games on Xbox AND PC. I can’t think of another publisher that’s actually doing that…. Mmmmmmm…. Anyway. Only Sony is doing that and not anyone else, not at all.

+ Show (2) more repliesLast reply 35d ago
35d ago
darthv7234d ago

MS already recouped that $$... the first year.

IRetrouk34d ago

They also lost money on activision in the last few quarters too dont forget, ms make money hand over fist, that's not new, but I highly doubt the investment has paid off yet.

Kekewei35d ago (Edited 35d ago )

To be honest as a long time ps gamer, this deal initially made me panic.

but if I had known that it make MS u-turn on exclusive strategy, I would have happily joined xbox fans supporting the acquisition.

Reaper22_35d ago

They never made a u-turn. Initially Microsoft offered sony a 10 year deal but they turned it down but eventually they agreed. They've always said they wouldn't keep games away from playstation. But that is something Sony was doing to them.

sinspirit35d ago

That's the thing. They said they did not aim to take games away from the competition with the acquisitions and that they weren't taking games away from PlayStation. But then they try to get Sony to sign a 10 year deal just to show to a court that they aren't keeping games away. Sony saw this as a tactic to make their acquisitions look like good faith but in reality they don't need to sign that 10 year contract. They just gotta keep developing games for the console. Then they still excluded games from Sony anyways which is what they wanted while saying they didn't. They are only now going third party because they couldn't monopolize the hardware side of things and they ruined their software sales by trying to make everything a service and now we see them continuously bumping the price and changing policies to stop losing money.

Kekewei35d ago

Yes they did. I mean I was worried about Elder Scrolls series leaving playstation those days, but now I can play Forza horizon and Gears of War on ps5… this is a crazy turn of events

InUrFoxHole35d ago

@Reaper22
You are 💯 correct however we also have to consider these companies lie all the time. Or make plans and change them

IRetrouk34d ago

They certainly did make a u turn, how you can claim otherwise is beyond me.

+ Show (1) more replyLast reply 34d ago
Show all comments (41)
390°

EXCLUSIVE: Microsoft, Activision Deny Report Regarding Financial Performance

Microsoft and Activision have denied a recent report regarding the financial performance since the acquisition.

Representatives from both companies said The Information’s report wasn’t accurate

Read Full Story >>
insider-gaming.com
146d ago
CrashMania146d ago

Well, MS often hide real numbers from their Xbox division such as profit, don't give out console numbers for almost a decade, and no longer give out gamepass numbers even after supposedly having one of the most popular CoD games ever released recently, so what are people supposed to think?

ThinkThink146d ago

Completely fair. If you don't provide the data, it forces people to speculate. The fact that they came out and denied the report makes me think it wasn't accurate. We will find out at the next quarterly report for the stakeholders. Can't fudge stakeholder reporting.

crazyCoconuts146d ago

they haven't given stakeholders profit numbers for xbox in a long time, but you're right, they'll have to post revenue at least. And now that the adjustments due to the acquisition are a year behind us, we should get more of an apples to apples view of what direction Xbox is heading in terms of overall sales - did the COD on GamePass gambit pay off?

Cacabunga145d ago

I miss the times where they were proudly telling how many headshots made by players and miles driven 🤣

CrashMania146d ago

Yeah that is true, but they still mislead and hide important metrics such as profits from their xbox division. They said Hifi Rush was a success by some mysterious metric and then proceeded to close the studio anyway, luckily it was rescued by a buyer, but my point is you can't really take what MS say at face value with all the context included, they've been doing this with their xbox business for nearly a decade.

Michiel1989145d ago

mislead and hide? how are they misleading anyone when they don't say anything, about information they don't owe you at all. you cant take anything a for profit company says, this is not exclusive to ms....is it also misleading that sony didnt tell you exactly how many dollars they lost on concord? no its not, its their business, their money and they can say or not say whatever they want about their financial status to the public. Is sony telling how much money they torched by letting bluepoint make a failed live service game? is nintendo telling us how much money they lost with wii u? to even think you are entitled to that information is mindblowing to me.

CrashMania145d ago

@michael

*Big long MS apologist paragraph*

Despite all of that Sony and Nintendo provide profit numbers for their gaming divisions, MS do not, maybe mislead is the wrong word, but hiding the numbers is true, and some could definitely consider that misleading.

The fact that MS don't share this, console sales or gamepass numbers especially in wake of Black Ops 6 tells me most of what I need to know tbh.

Knushwood Butt145d ago

If the xbox division was profitable MS would be shouting it from the rafters.

That's what shareholders want to see.

They're not.

Profchaos145d ago (Edited 145d ago )

Misleading is one thing but there's a limit to what they can hide as a public trading company they also never denied this report but tried to downplay it as it was missing data

@michael actually we would expect to learn how much is hidden directly via a investors report

+ Show (1) more replyLast reply 145d ago
PapaBop145d ago (Edited 145d ago )

What are you talking about? Honest Phill is going to come out soon and tell us how many combined minutes have been played on the new COD, that's a completely fair and accurate representation of how well the game is financially doing

helicoptergirl146d ago

If it's not the exact number down to the very cent, then they can claim... "The information's report wasn't accurate."

146d ago
Show all comments (41)
90°

A Canadian Law Firm Proposes A Class-Action Lawsuit Against Sony, Rockstar And More

"“Causing Psychologically Harmful Video Game Addiction In Players”"

Ever wanted to take on most of the biggest publishers and developers in the video game industry? Live in Canada? Well the Consumer Law Group has a class-action lawsuit for you.

That’s the Canadian law firm proposing a class-action lawsuit against a number of the games industry’s biggest players, including (but not limited to) Sony, Microsoft, Rockstar, Take-Two, Activision Blizzard, Electronic Arts, Roblox, Epic Games, Mojang Studios, Nintendo of America, Ubisoft and Ubisoft Montreal.

DarXyde203d ago (Edited 203d ago )

"[...]basically if you’ve played or bought a game from any of the above studios, and this class-action suit goes all the way to a win, then you’ll be owed some kind of compensation.

Of course whether or not the suit actually gets that far is a whole different story. The CLG isn’t wrong to point out that games are designed in ways to make them addictive, and they’re not the first to do it.

But taking on multiple giant studios like this is a big gamble that might not pay off at all."

For reference, the article specifies Sony, Microsoft, Rockstar, Take-Two, Activision Blizzard, Electronic Arts, Roblox, Epic Games, Mojang Studios, Nintendo of America, Ubisoft and Ubisoft Montreal.

This is frivolous and stupid beyond belief. No specific examples cited here for WHY games coming from these games contribute to addiction.

I'm willing to have a conversation about addiction if they come with sufficient evidence, but this is genuinely dumb.

lukasmain203d ago

I can't understand why they would waste money to go after all these studios like this? Dropping money down the drain

hyper212203d ago

I am Canadian and this is just totally BS on the law firm. For fact that our economy is sluggish and not doing too well and they think this is an easier way to earn some cash money?

anast203d ago

The parents need to be present. The lawyers should go after them.

lukasmain203d ago

Parents have a duty to limit their kid's screen time. That's games, phones, tv and all that.

northpaws203d ago

So this law suit is against fun games...