Microsoft President and Vice Chairman Brad Smith has called out Sony’s stance against Microsoft’s acquisition of Activision Blizzard in a The Wall Street Journal op-ed comparing them to the failed video rental chain.
“Sony has emerged as the loudest objector… It’s as excited about this deal as Blockbuster was about the rise of Netflix… Think about how much better it is to stream a movie from your couch than drive to Blockbuster. We want to bring the same sort of innovation to the videogame industry.”WSJ
It is really starting to appear that Microsft is not going to back down from this acquisition. They have agreed to concessions on the deal in the EU, offering to keep Call of Duty on Playstation for 10 years. Now, according to the New York Post, FTC insiders are claiming that of the four-person panel currently investigating the proposed deal, two may be looking to side with Microsoft. This now splits voting 2-2.
Lina Khan, the Federal Trade Commission chairperson has even floated the idea of suing Microsoft over the proposed acquisition. However, former FTC chairperson William Kovacic told the New York Post regarding a lawsuit to block the merger: “Lina [Khan] would probably not put things in a position for that to take place, so instead of having that vote she would make the motion to approve the settlement.”
So in the end it looks like Microsoft will make concessions for the US, similar to the EU, to keep Call of Duty on Playstation for the foreseeable future, which is really in their best interests anyway.
Looks like Playstation Boss Jim Ryan racked up the frequent flier miles protesting the deal for nothing.
[Source: WSJ & New York Post]