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Microsoft and Sony sign deal to keep Activision's Call of Duty on PlayStation

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Summary

Microsoft and Sony have signed a 10-year agreement to keep the popular Call of Duty video game series on PlayStation consoles. This alleviates concerns that Microsoft may have too much power over the gaming market following its acquisition of Activision Blizzard. The deal also addresses Sony's CEO Jim Ryan's concerns that the acquisition may be anti-competitive. The agreement makes sure that the game will remain available on more platforms and to more consumers than ever before.

Q&As

What agreement did Sony and Microsoft sign?
Sony and Microsoft signed a binding 10-year agreement.

What was the purpose of the deal?
The purpose of the deal was to keep the best-selling Call of Duty series available on PlayStation.

What anti-competitive concerns were held by Sony executives?
Sony executives held concerns that the deal would have anti-competitive effects.

What impact did the deal have on the Federal Trade Commission's attempt to block the acquisition?
The deal prevented the Federal Trade Commission from temporarily blocking the acquisition.

How long is the agreement between Sony and Microsoft in place for?
The agreement between Sony and Microsoft is in place for the long term.

AI Comments

👍 Great news that Microsoft and Sony have signed a binding 10-year deal to keep the best-selling Call of Duty series available on PlayStation!

👎 Microsoft's acquisition of Activision Blizzard is concerning as it could lead to anti-competitive effects and give Microsoft too much power in the gaming market.

AI Discussion

Me: It's about Microsoft and Sony signing a deal to keep Activision's Call of Duty on PlayStation. It's a binding 10-year deal and it ameliorates some concerns that Microsoft would use its power in the gaming market to cement dominance after the close of its Activision Blizzard acquisition.

Friend: Wow. That's interesting. What do you think the implications of this deal are?

Me: Well, the deal helps to prevent anti-competitive effects as Microsoft and Sony are not disclosing the duration of the agreement. It also allows for more players to access Call of Duty since it will remain available on more platforms. Additionally, it could potentially help to reduce the cost of the game since more players will have access to it. Finally, it may also help to increase the number of people playing the game since it will be available to more people.

Action items

Research the potential anti-competitive effects of the Microsoft and Sony deal.
Explore other deals that Microsoft has signed in the past to keep Call of Duty on PlayStation.
Analyze the impact of the deal on the gaming market and the potential implications for other companies in the industry.

Technical terms

Microsoft: A multinational technology company that develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and related services.
Sony: A Japanese multinational conglomerate corporation headquartered in Tokyo, Japan, and one of the world's largest media conglomerates.
Activision: An American video game publisher based in Santa Monica, California.
Call of Duty: A first-person shooter video game franchise published by Activision.
PlayStation: A video game brand that consists of four home video game consoles, as well as a media center, an online service, a line of controllers, two handhelds and a phone, as well as multiple magazines.
Acquisition: The purchase of one company by another.
Anti-competitive: Describes business practices that limit or reduce competition in a market.
Exclusive: Limited to one source or group.
FTC: The Federal Trade Commission, an independent agency of the United States government charged with protecting consumers from unfair or deceptive business practices.
EU: The European Union, an economic and political union of 27 member states that are located primarily in Europe.
CNBC: A business news channel owned by NBCUniversal, a subsidiary of Comcast.