Microsoft / Activision Deal Approval Watch |OT| (MS/ABK close)

Do you believe the deal will be approved?


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The CMA can obviously take Global markets into consideration for their decision but that doesn't mean they can force their decision on the world. Only in the UK. Listen to what Pachter said.

They absolutely have the ability to impact global markets, even if the two businesses involved in a merger don't conduct business in the UK.

Pachter again does not know what he is talking about here and it is laughable.
 
Sounds like Sony has a stranglehold then, and is in need of a bigger competitor.
well...maybe thats the kind of thing this acquisition is about. bringing a gun to a knife fight so to speak. There is no bigger competitor than MS, when they whip out their wallet...... Shit....they would buy every publisher right now, if it didnt mean dealing with the CMA every single time.
 
I am interested as hell to see what the next offer is, though. Trying to create a deal in public is silly but entertaining.

At this rate I imagine something like Spencer offering to blow Ryan. And then...

"Sure I'll take that deal... but in public. Like everything else you've tossed out there for the world to see."

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I've seen this point parroted several times here as if there's some higher authority that dictates as such. MS/ABK could decide that the deal is no longer contingent on the CMA within minutes if they felt the need to do so.

Basically what you're claiming is a roadblock is nothing of the sort.
'companies can just ignore regulators'

sure. see how many companies take this route (or how few) and how it works out for them.
 
It wouldn't have changed their stance one bit, as it would have just been a FU money to damage the market and market leader in the UK, result in far less money generated in the UK economy.

It hasn't been discussed AFAIK in this thread, but the CMA blocking the deal might in part be related to hedge fund complaints, because currently ATVI, MSFT and Sony are all viable companies for hedge funds to invest in with expectation of yearly returns for their pension pot stakeholder's money they invest. Should MSFT acquire ATVI, then despite the dividened, those fund investors would need to find a new home for that investment with similarly good returns, and would be expecting to take a slight hair cut on MSFT that had spent $70b to give away CoD on gamepass, which in turn would damage PlayStation and Sony's finances for investors in the coming years. Anyone investing in these companies for long-term returns was unlikely to be in favour of this deal's final impact on the market, even if they were for it in the short-term for the buyout bonus on the shares IMO.
Thanks for the insight. I think that hedge funds would have that concern for all mergers that they are not investing in if they had that power. But I didn't think of it until you talked about it. And that is a concern. I said it in answer of this :
DarkMage619 said:
That would be a fantastic outcome to just compartmentalize CoD and Activision in the UK and have the rest of the world who do not have an issue with this deal allow things to proceed.
Instead of fucking over the UK gamers, make them the best served. I agree that it would have harmed the market too.

What large company would make a move if they were not sure it would go without incidents? Shit happens. If Zenimax did not get acquired this deal would probably be in a much different place. There's no way to really know that until after the process has started. Lawyers and M&A people do a ton of due diligence but they do not have a crystal ball.
I agree. Nvidia did fail in its attempt to buy ARM recently after all. But shit happens for a reason. And I believe that Microsoft went to this merger like with Zenimax, and that they should have made more preparations. It is the biggest deal in gaming history, and they admitted to have not "teached the CMA enough". They should have entered this merger with the same efforts that Sony made at the minimum. Sorry if my wording seemed too affirmative. But I maintain that Microsoft should have done better.
 
Didn't Bungie literally say this? That one of their deal breakers would be exclusivity?
Ive said this before and ill say it again...those words will soon turn into...."we decided to focus on playstation" with the excuse being "easier to focus on one platform and put our efforts into the game" "destiny is still available to play on all platforms for loyal bungie fans who dont have a playstation...please stay with us so we still can have a way of getting some money out you"

and people on GAF will say..."its because MS bought ABK"

Mark...My...words.....
 
Quick question...

How many interviews has Jim Ryan given since taking the job? The only thing I remember him saying was "Let the games do the talking." But that was part of a state of play. The only public discussion I can find dates back to 2021.
 
They absolutely have the ability to impact global markets, even if the two businesses involved in a merger don't conduct business in the UK.

Pachter again does not know what he is talking about here and it is laughable.
This isn't true. The EU pressured MS to make the Windows Browser choice worldwide. MS refused and there was nothing the EU could do about it. It was only implemented in Europe.
 
Quick question...

How many interviews has Jim Ryan given since taking the job? The only thing I remember him saying was "Let the games do the talking." But that was part of a state of play. The only public discussion I can find dates back to 2021.
he is the silent assassin of gaming CEOs , a true professional

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, a particular CEO should learn from him
 
This isn't true. The EU pressured MS to make the Windows Browser choice worldwide. MS refused and there was nothing the EU could do about it. It was only implemented in Europe.

Completely different situations...

There is a difference between the EU regulated conduct and an antitrust case due to M&A...
 


when the bending over backwards is this strong you know there are some ulterior motives.

I like it. cannot wait for this deal to be approved.


Phil Spencer has been making public comments like this for a while now though. Previously he said Call of Duty would be on PlayStation as long as PlayStation exists. But the deal being offered was 10 years. So instead of talking about it, submit that deal formally to the CMA and release it publicly unredacted.

Rooster Teeth Off Topic GIF by Achievement Hunter
 
Phil Spencer has been making public comments like this for a while now though. Previously he said Call of Duty would be on PlayStation as long as PlayStation exists. But the deal being offered was 10 years. So instead of talking about it, submit that deal formally to the CMA and release it publicly unredacted.

Rooster Teeth Off Topic GIF by Achievement Hunter
Dude loves to hear himself talk.
Arnold Schwarzenegger Shut Up GIF by The New Celebrity Apprentice
 
Phil Spencer has been making public comments like this for a while now though. Previously he said Call of Duty would be on PlayStation as long as PlayStation exists. But the deal being offered was 10 years. So instead of talking about it, submit that deal formally to the CMA and release it publicly unredacted.

Rooster Teeth Off Topic GIF by Achievement Hunter

Dude loves to hear himself talk.
Arnold Schwarzenegger Shut Up GIF by The New Celebrity Apprentice

Microsoft in a nutshell this whole time:

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I agree. Nvidia did fail in its attempt to buy ARM recently after all. But shit happens for a reason. And I believe that Microsoft went to this merger like with Zenimax, and that they should have made more preparations. It is the biggest deal in gaming history, and they admitted to have not "teached the CMA enough". They should have entered this merger with the same efforts that Sony made at the minimum. Sorry if my wording seemed too affirmative. But I maintain that Microsoft should have done better.
Nobody likes being told they are ignorant Microsoft has an institutional arrogance that comes with years of thinking they were the smartest people in the room. I encounter that regularly in my industry.

Microsoft's post acquisition behavior with Zenimax and Sony's declared stance on Bungie is really the thing that will probably seal this deal's fate. Everything else both sides are arguing could have been handled in negotiations.
 
Thanks for the insight. I think that hedge funds would have that concern for all mergers that they are not investing in if they had that power. But I didn't think of it until you talked about it. And that is a concern. I said it in answer of this :
DarkMage619 said:
That would be a fantastic outcome to just compartmentalize CoD and Activision in the UK and have the rest of the world who do not have an issue with this deal allow things to proceed.
Instead of fucking over the UK gamers, make them the best served. I agree that it would have harmed the market too.


I agree. Nvidia did fail in its attempt to buy ARM recently after all. But shit happens for a reason. And I believe that Microsoft went to this merger like with Zenimax, and that they should have made more preparations. It is the biggest deal in gaming history, and they admitted to have not "teached the CMA enough". They should have entered this merger with the same efforts that Sony made at the minimum. Sorry if my wording seemed too affirmative. But I maintain that Microsoft should have done better.

Their biggest mistake was forclosing Elder Scrolls and Starfield. Hell they could have closed on this deal and THEN made Starfield and Elders Scrolls exclusive...

Ultimately, Microsoft has really bad management and strategy, which is why they find themselves where they are at the moment.

They've spent so much time and resources on getting this ABK deal rather than getting units produced and distributed around the world and any short term exclusive games.

They should have gone after Elden Ring and Hogwarts Legacy as exclusive titles when they knew they didn't have anything of their own.
 
It's the deal between both parties. Holy shit man, why is it so hard for some people?
You said a lot of nothing.

Good luck operating in the UK without massive fines.
My comment wasn't concerning the possibility of them creating an independent company specifically for the UK. I agree that it's not really feasible.

I was specifically referring to the claim that the deal is contingent on the CMA approving it per the acquisition contract. While it is indeed in the contract, it's not the hurdle some here are pretending it is. If that specific point were the only roadblock to the deal, MS and ABK wouldn't hesitate to strike it from the contract. Initially the deal was contingent on the FTC approving the deal as well... until it wasn't.
 
Y'all are weird.

Phil doesn't do an interview: PhIl'S bEiNg qUieT, NuDeLlA FiReD hIm.
Phil does an interview: hE jUsT lOvEs tO tAlK tAlK tAlK

Completely normal to wonder why someone who never shuts the fuck up would suddenly stop and then roll your eyes when they start up again. Dude was doing more interviews than Trump was going golfing.
 
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things are getting messed-up.

i know we have a lot of Playstations fans here.

I have to ask something.

How can you not see all the mental/emotional damage PlayStation is exerting to gamers around the world?.

even Pacther said he was pissed of at PlayStation's behavior...i swear i heard his voice cracking up a bit when he said sony are acting little whiny babies.

having a mental breakdown is not fun. I wonder if some of those people will hate PlayStation even more after all this circus is over.
 
Completely normal to wonder why someone who never shuts the fuck up would suddenly stop and then roll your eyes when they start up again. Dude was doing more interviews than Trump was going golfing.

I can't imagine a scenario where this deal fails and Phil Spencer is still here as head of Xbox down the road.
 
Why would Phil get sacked if the deal doesnt go through?.
Sorry i'm sure this has been discussed to death but i dont come in this thread.
 
Y'all are weird.

Phil doesn't do an interview: PhIl'S bEiNg qUieT, NuDeLlA FiReD hIm.
Phil does an interview: hE jUsT lOvEs tO tAlK tAlK tAlK
You have a point. But I found it more funny than weird. I can't talk for others, so I will say my opinion on this subject. Phil mostly did, and do good PR for Xbox. But for years he talked more than he acted in the games departement. And some of his declarations are off when you think about it later, with the benefit of hindsight. For me what did it was that a few years ago, he was on EA and saying as an excuse to the lack of games something like this:
"I can give you a Halo trailer, but I want it to be when it is ready". And then a few years after we got Craig. This makes me think that he watned to do it then, but the game was not ready at all and he wasn't able at all to do so.
Phil talked to Sony CEO and said that they had a " good discussion"(or something like that) and then Jim publicly denounced it. So that is the "he talk too much".
Then for a time he did not do any PR unlike his normal behavior. So we see him less. That is the " Phil being quiet".
When what he said had been used against Microsoft by Sony and the CMA(I think, not sure of that one) both affirmations can be true, for a certain vision of it. Of course it is often fanboyism. And I found it often funny. It will pass soon anyway. Unless he really get fired by Nadella. I don't know what would happen on Neogaf then.
 
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things are getting messed-up.

i know we have a lot of Playstations fans here.

I have to ask something.

How can you not see all the mental/emotional damage PlayStation is exerting to gamers around the world?.

even Pacther said he was pissed of at PlayStation's behavior...i swear i heard his voice cracking up a bit when he said sony are acting little whiny babies.

having a mental breakdown is not fun. I wonder if some of those people will hate PlayStation even more after all this circus is over.

Your average joe or jill has no idea Microsoft is even buying Activision.

Your average joe or jill might have heard of Call of Duty but has no idea who makes it.

Pachter is either a complete moron or for some reason purposefully lying because anyone with any credibility realizes that this deal was pretty doomed once it was referred to phase 2 and absolutely doomed after the PF.

Pachter telling people that this decision won't have impact outside of the UK (if he actually said that) is patently untrue. Maybe he's just a pathological liar.

Literally a reddit thread from 10 years ago:


 
This isn't true. The EU pressured MS to make the Windows Browser choice worldwide. MS refused and there was nothing the EU could do about it. It was only implemented in Europe.
How could anyone possibly think the UK has any authority over how companies operate in other nations?

The concept would require all nations agreeing how a company operates in all areas in unison. It's simply not possible.

Google operates differently in the US, EU, and China.

MS could as well if forced. But they definitely don't need to walk away.
 
Why would Phil get sacked if the deal doesnt go through?.
Sorry i'm sure this has been discussed to death but i dont come in this thread.

CEOs don't survive failed M&A. Nadella isn't going to fall on the sword for this and his success elsewhere with O365 is going to save him, but it won't save Phil Spencer. Phil Spencer's failed M&A, his failure to improve XSX|S distribution, the failure of the XSS, the cannibalization of B2P games, and the absolute inability to produce and maintain IP.

He'll be gone before next March.
 
Why would Phil get sacked if the deal doesnt go through?.
Sorry i'm sure this has been discussed to death but i dont come in this thread.
He might stay, he might leave. People are just guessing. It is perfectly normal to part ways after something this big though, whether it's a success or not. See Tretton leaving Sony after the PS4 launch. It's also fair to say that Spencer is a bit more of a company man for MS than most other people at his level though. Personally I think he's staying anyway. This deal succeeding or failing isn't on him. It's on MS's legal team and Nadella. Phil has commented on the deal throughout, but legal are there to advise and obviously haven't told him to stop.
 
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